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RBNZ Keeps OCR On Hold, Signals Possible Rate Reductions To Underpin Inflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 29, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand signalled it is likely to slash interest rates again after it maintained them on hold following three consecutive reductions. The central bank kept rates at 2.75%, admitting that further actions might be required to reach their inflation target. RBNZ Governor Graeme Wheeler is concerned[​IMG]

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