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RBNZ Lowers OCR To 2.50% To Boost Economy And Inflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 10, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand lowered its official cash rate for the fourth time this year, saying the nation's economy needed support amid lower terms of trade, while inflationary pressures remained benign. In a widely expected move, RBNZ Governor Graeme Wheeler delivered a quarter percentage point rate cut to[​IMG]

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