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Hot Topic Dealmakers
2 mins to read

Christchurch rebuild: Does the economy have to swallow a rat?

Christian Hawkesby
Fri, 07 Dec 2012

OPINION

The mantra of most economists this year has been that “you can’t cut interest rates because of the Canterbury rebuild”.

In a sense, 2.5% has become New Zealand’s zero boundary – a level of interest rates that cannot be breached, in a way that the US and UK have decided not cut below their

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Christian Hawkesby
Fri, 07 Dec 2012
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Christchurch rebuild: Does the economy have to swallow a rat?
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