RBNZ: Wheeler turns dovish
An interest rate cut is not likely - but it is less unlikely than it was.
Today's no change decision by the Reserve Bank is not a surprise: what is more surprising is the sharp shift in tone.
Governor Graeme Wheeler appears to be leaving open the possibility of an official cash rate cut from its present level of 3.5%.
While the governor repeated his earlier message
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Smartphone Only Annual Subscription
NZ$249.00 / yearly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Subscription
NZ$29.95 / monthly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Rob Hosking
Thu, 30 Oct 2014
Thu, 30 Oct 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
RBNZ: Wheeler turns dovish
42662