976511142
News

The economists view on the OCR decision

Thursday 28th of July 2011

 ASB's Jane Turner and Nick Tuffley

 The RBNZ left the OCR unchanged at 2.5% at the July OCR Review, as widely expected. However, the accompanying statement suggests the RBNZ would like to remove the 50 basis point ‘insurance' cut soon, provided it saw an easing in global risks and a continued recovery in the NZ economy. Recent domestic developments have...

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.