RBNZ opens door to rate cuts - but is it an exchange rate ploy?
"We expect to keep the OCR on hold for some time"
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Hawke’s Bay
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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