The Reserve Bank – what Spencer didn’t say
The OCR has been left unchanged.
Acting Reserve Bank governor Grant Spencer’s last decision on monetary policy was more notable for what it didn’t say: He didn’t mention the strong New Zealand dollar.
Mr Spencer left the official cash rate or OCR unchanged at its record low of 1.75%, as expected, saying monetary policy will
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Jenny Ruth
Thu, 22 Mar 2018
Thu, 22 Mar 2018
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The Reserve Bank – what Spencer didn’t say
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