Why Bollard will leave interest rates on hold

Why Bollard will leave interest rates on hold - for now

Reserve Bank governor Alan Bollard will leave the official cash rate at 3% this week – and will issue a set of economic forecasts much more downbeat than his last outlook three months ago. The Reserve Bank is to review the OCR on Thursday morning a

Rob Hosking
Mon, 06 Dec 2010

Reserve Bank governor Alan Bollard will leave the official cash rate at 3% this week – and will issue a set of economic forecasts much more downbeat than his last outlook three months ago.

The Reserve Bank is to review the OCR on Thursday morning and will release an updated outlook for the economy

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