Reserve Bank signals ‘prolonged period of time’ before monetary policy changes
Monetary policy committee prepared to lower the official cash rate if required.
Brent Edwards
Wed, 14 Apr 2021
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In an unsurprising decision, the Reserve Bank has made no change to its monetary policy in today’s review.
The official cash rate (OCR) will remain unchanged at 0.25% and the Large-scale asset purchase and Funding for lending programmes will be left as they are, even though the bank expects
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Brent Edwards
Wed, 14 Apr 2021
Contact the Writer: brent@nbr.co.nz
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Reserve Bank signals ‘prolonged period of time’ before monetary policy changes
Politics,
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