Reserve Bank’s proposal for negative OCR questioned
Roger Bowden says RBNZ is not considering what happens when interest rates rise again.
Brent Edwards
Tue, 25 Aug 2020
As the Reserve Bank talks up the prospect of a negative official cash rate in response to the Covid-19 economic downturn, economist Roger Bowden worries it has not given enough thought to what will happen afterwards.
Bowden suspects more people will invest in real estate – helping push up
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Brent Edwards
Tue, 25 Aug 2020
Contact the Writer: brent@nbr.co.nz
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Reserve Bank’s proposal for negative OCR questioned
Politics,
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