RBNZ Museum

As widely expected, the Reserve Bank of New Zealand left the official cash rate (OCR) unchanged today at 2.0%. This follows last month's decision, which cut the rate by 25bps from 2.25% to 2.0% because growth and inflation remained on the downside. The Bank's Tone The bank showed a somewhat dovish tone (negative) towards local and global grow...

2016-09-22 Nour Eldeen Al-Hammoury Read more