
MR - Experts Views
Hawkish and dovish views of the OCR
Monday 15th of March 2010
In the BNZ Weekly Overview he looks at the Reserve Bank's decision last Thursday to leave the Official Cash Rate (OCR) at 2.5% with a rise to come in the middle of 2010.
Alexander says the Reserve Bank quite rightly noted that monetary policy at the moment is actually tighter than implied by the 2.5% OCR bec...
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