Twelve months or more of no interest rate rises

We're looking at 12 months, maybe more, of no interest rate rises.Reserve Bank governor Alan Bollard last raised the official cash rate - to 3% - on 29 July. It will be next July, at least, before he raises it again – unless Finance Minister Bill En

Rob Hosking
Fri, 12 Nov 2010

We’re looking at 12 months, maybe more, of no interest rate rises.

Reserve Bank governor Alan Bollard last raised the official cash rate - to 3% - on 29 July. It will be next July, at least, before he raises it again – unless Finance Minister Bill English signals a loosening of fiscal policy – i.e.

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