Reserve Bank governor Graeme Wheeler’s statement today is more significant for what it did not say.
None of the economists who follow the New Zealand market expected any increase in the official cash rate, which was kept at 2.5%, where it has been since March 2011.
Most expect it to
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Rob Hosking
Wed, 24 Apr 2013
Wed, 24 Apr 2013
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Wheeler keeps jawbone clenched as market predicts higher rate
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