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A deteriorating economic outlook means the Reserve Bank should keep the official cash rate at 2.5% for longer.
Today’s tumble in the New Zealand currency – which fell nearly 1USc after trading opened – is just another sign the economic outlook for the next year is facing renewed
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Rob Hosking
Thu, 29 Sep 2011
Thu, 29 Sep 2011
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‘Nasty’ economic outlook means Bollard should hold rates – economist
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