Reserve Bank: Growth outlook falling, more interest rate cuts on the way
A sharp scaling back for the outlook on economic growth is behind today's interest rate – with more to come.
PWC treasury advisor Roger Kerr talks about the latest OCR announcement on NBR Radio and on demand on MyNBR Radio.
Rob Hosking Thu, 10 Sep 2015
A sharp scaling back for the outlook on economic growth is behind today's interest rate cut to 2.75% by the Reserve Bank. Governor Graeme Wheeler says more cuts are on the way.
The central bank's 90-day bill rate forecasts have been scaled back from what was, at the time of the last monetary
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