
Mortgage News
Scope for OCR cut - English
Thursday 25th of February 2016
In a speech to the Auckland Chamber of Commerce today, English said New Zealand’s current economic outlook is showing positive signs despite ongoing wobbles in the global economy.
For example, Treasury forecasts economic growth of over 3% in 2016 and 2017, exports – other dairy are doing well - and unemployment is down.
“But uncertainty remains around the impact of US interest rat...
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