Reserve Bank expects low interest rates for a long time
UPDATED: The central bank may cut the OCR next time.
Brent Edwards
Wed, 13 Nov 2019
Despite speculation from some economists the Reserve Bank would cut interest rates today, it has kept its official cash rate on hold at 1%.
But its monetary policy committee has signalled more cuts are likely if the economy continues to falter.
The Reserve Bank said economic developments
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Brent Edwards
Wed, 13 Nov 2019
Contact the Writer: brent@nbr.co.nz
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Reserve Bank expects low interest rates for a long time
Politics,
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