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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Reserve Bank: 'Trumponomics' overhangs next monetary policy moves

Mr Wheeler says there is a 20% chance of a further OCR cut.

Thu, 10 Nov 2016

The Reserve Bank looks likely to sit tight for some time following today's official cash rate cut.

"At this stage, we think that we won't need another cut," governor Graeme Wheeler told a media briefing after his decision to lower the OCR from 2.0% to 1.75%.

"But, if circumstances justify it,

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Reserve Bank: 'Trumponomics' overhangs next monetary policy moves
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