» Central Bank Outlook: NZ Extended Policy Pause Decision Economics

Central Bank Outlook: NZ Extended Policy Pause

Posted September 13, 2012 by rvillareal

  • As was universally expected, the Reserve Bank of New Zealand decided to leave the Official Cash Rate (OCR) unchanged at 2.50% following its meeting in September, after similar decisions in its eleven previous meetings, all following the 50 bp rate cut in March 2011 in response to the earthquake.
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