Why the Reserve Bank should hold off rate rises until 2011
Poor domestic economy data and further offshore jitters mean the Reserve Bank is unlikely to raise the official cash rate until next year, says Deutsche Bank New Zealand chief economist Darren Gibbs.The Reserve Bank next reviews the official cash rate on
Rob Hosking Thu, 12 Aug 2010
Poor domestic economy data and further offshore jitters mean the Reserve Bank is unlikely to raise the official cash rate until next year, says Deutsche Bank New Zealand chief economist Darren Gibbs.
The Reserve Bank next reviews the official cash rate on September 16 and has been widely expected
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).