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RBNZ: further cuts on way, but Wheeler less gung-ho than previously

Economic understatement of the year: 'There are some indications that house price inflation in Auckland may be picking up' With special feature audio.

Thu, 28 Apr 2016

Further interest rate cuts are on the way, it seems, but the Reserve Bank is now less gung-ho about them than appeared six weeks ago.

In the latest monetary zigzag, New Zealand's central bank held off cutting the cash rate again following the March surprise cut to 2.25%, but governor Graeme

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RBNZ: further cuts on way, but Wheeler less gung-ho than previously
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