Reserve Bank tilts toward interest rate cuts

In a major shift in message, today Reserve Bank chief economist John McDermott signalled a “dovish” tilt in the thinking of New Zealand's central bank.

Rob Hosking
Thu, 23 Apr 2015

The Reserve Bank does not plan to lift interest rates – and may even cut the official cash rate.

In a major shift in message, Reserve Bank chief economist John McDermott has today signalled a “dovish” tilt in the thinking of New Zealand’s central bank.

The Reserve Bank is to review the

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