close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
5 mins to read

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Edwards Wed, 13 Nov 2019
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Reserve Bank expects low interest rates for a long time
Politics,
81642
true