Kiwi dollar keeping Reserve Bank hostage – economist
HSBC chief New Zealand economist Paul Bloxham says if New Zealand's OCR is not lowered, the dollar may very well climb further. With special feature audio.
The Reserve Bank seems to be stuck between a rock and a hard place when it comes to the official cash rate.
Although the official cash rate (OCR) is at an all-time low – and economists are almost universally in agreement it will continue to drop at least once more – it is still head and shoulders
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Jason Walls
Mon, 23 May 2016
Mon, 23 May 2016
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Kiwi dollar keeping Reserve Bank hostage – economist
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