Reserve Bank signals ‘prolonged period of time’ before monetary policy changes
Monetary policy committee prepared to lower the official cash rate if required.
Brent Edwards
Wed, 14 Apr 2021
Hot Topic
Hawke’s Bay
In an unsurprising decision, the Reserve Bank has made no change to its monetary policy in today’s review.
The official cash rate (OCR) will remain unchanged at 0.25% and the Large-scale asset purchase and Funding for lending programmes will be left as they are, even though the bank expects
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Brent Edwards
Wed, 14 Apr 2021
Contact the Writer: brent@nbr.co.nz
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Reserve Bank signals ‘prolonged period of time’ before monetary policy changes
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