Reserve Bank: Wheeler might cut OCR again – but only if he has to
The door is slightly ajar for more OCR cuts.
The official cash rate has been kept the same at 2.5%.
But, if there was a creaking noise emanating from central Wellington this morning, it was Reserve Bank governor Graeme Wheeler opening the door for future interest rate cuts.
A bit, anyway. The monetary policy door is not open very wide but
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Reserve Bank: Wheeler might cut OCR again – but only if he has to
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