MR - Blog

Who should you listen to?

Thursday 3rd of September 2009

Who do you believe about interest rates? The Reserve Bank or the financial markets?

The Reserve Bank governor Alan Bollard continues to reiterate his view that the official cash rate will stay at current levels until the end of next year, however the financial markets are pricing in increases for earlier in the year.

This stand-off is a situation I have commented on earlier. Whe...

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