Economists, Reserve Bank face off over interest rate conundrum in booming economy
Mortgage rates are already on the rise as Reserve Bank says official cash rate could go either way.
Nevil Gibson
Fri, 03 Mar 2017
The Reserve Bank says it’s taking a neutral bias toward the future of interest rates; others say it’s a copout.
The bank’s stance is presumed to result in a push back on market expectations of a rate rise this year.
The NZIER’s latest Quarterly Predictions is one that doesn’t see a rate rise
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Nevil Gibson
Fri, 03 Mar 2017
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