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Reserve Bank: Wheeler defends policy, indicates maybe one more OCR cut

Reserve Bank governor Graeme Wheeler may be going off the idea of cutting interest rates.

 
Rob Hosking talks about the RBNZ on NBR Radio and on demand on MyNBR Radio.

Wed, 14 Oct 2015

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Reserve Bank governor Graeme Wheeler may be going off the idea of cutting interest rates.

New Zealand’s central bank has been lowering the official cash rate since June, cutting from 3.5% to 2.75%

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Reserve Bank: Wheeler defends policy, indicates maybe one more OCR cut
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