Interest rates going up faster as Reserve Bank fights inflation
Monetary Policy Committee believes bigger increase now will give it more flexibility.
Brent Edwards
Wed, 13 Apr 2022
The Reserve Bank has increased the official cash rate from 1 to 1.5%, as it continues to worry about growing inflationary pressures.
In today’s monetary policy review it said the bank’s monetary policy committee agreed moving the OCR to a more neutral stance sooner would reduce the risk of
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Brent Edwards
Wed, 13 Apr 2022
Contact the Writer: brent@nbr.co.nz
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Interest rates going up faster as Reserve Bank fights inflation
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