RBNZ opens door to rate cuts - but is it an exchange rate ploy?
"We expect to keep the OCR on hold for some time"
The next interest rate move from the Reserve Bank could be down.
Governor Graeme Wheeler this morning turned dovish: although the decision to keep the official cash rate at 3.5% was expected, opening the door to a rate cut was by no means a foregone conclusion, despite rate cuts from other central
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Rob Hosking
Thu, 29 Jan 2015
Thu, 29 Jan 2015
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RBNZ opens door to rate cuts - but is it an exchange rate ploy?
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