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Home | New Zealand’s OCR stays at 2.5% |
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New Zealand’s OCR stays at 2.5%
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- September 13, 2012
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The Reserve Bank of New Zealand has left the nation’s official cash rate (OCR) unchanged at 2.5%. Governor Alan Bollard stated that New Zealand’s trading partner outlook remained weak, with slower growth in China and numerous European nations in recession. Governor Bollard also warned that the risk of further deterioration in the eurozone persisted. On [...]
- Read more at:http://www.bankingtimes.co.uk/2012/09/13/new-zealands-ocr-stays-at-2-5/
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