Reserve Bank decision: More good news creates poser for Wheeler
There is a simplistic and sloganeering argument which suggests a rate cut will bring the exchange rate down. It is quite wrong.
Hot Topic
Hawke’s Bay
Graeme Wheeler will probably sit tight on Thursday.
The Reserve Bank governor is to review the official cash rate again on Thursday morning and prospects of a second consecutive cut are fading as the economy picks up further pace.
The review takes place at a historic time: New Zealand is
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
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Reserve Bank decision: More good news creates poser for Wheeler
61720