Reserve Bank signals interest rate increases but lockdown delays its move
Inflation and employment outlook to be reviewed with view to reduce monetary stimulus over time.
Brent Edwards
Wed, 18 Aug 2021
The country’s move into a level 4 lockdown last night has prompted the Reserve Bank to leave the official cash rate unchanged at 0.25%.
Most economists had been picking the bank would raise the OCR today but changed their tune once the lockdown was announced Wednesday evening.
In its August
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Brent Edwards
Wed, 18 Aug 2021
Contact the Writer: brent@nbr.co.nz
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Reserve Bank signals interest rate increases but lockdown delays its move
Politics,
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