Reserve Bank faces opposition to negative official cash rate
The bank had been considering negative rates before the Covid-19 pandemic.
Brent Edwards
Mon, 09 Nov 2020
As the Reserve Bank considers its next step in dealing with the economic impact of the Covid-19 pandemic, it is worth reflecting on how quickly forecasts have changed in a few short months.
In February the ASB, for one, predicted no interest rate cuts for the rest of the year as it expected the
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Brent Edwards
Mon, 09 Nov 2020
Contact the Writer: brent@nbr.co.nz
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Reserve Bank faces opposition to negative official cash rate
Politics,
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