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Home | New Zealand keeps OCR at 2.5% |
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New Zealand keeps OCR at 2.5%
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- April 26, 2012
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The Reserve Bank of New Zealand has announced that it is leaving the Official Cash Rate (OCR) unchanged at 2.5%. Governor Alan Bollard described inflation as constrained and forecast that it would remain around the centre of the target range. Governor Bollard went on to say that New Zealand’s economy was showing signs of recovery [...]
- Read more at:http://www.bankingtimes.co.uk/2012/04/26/new-zealand-keeps-ocr-at-2-5/
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