Deputy Governor, Reserve Bank of New Zealand
Appears in 1 story
Voted to hold the OCR; part of the 4-member majority
New Zealand's central bank held its official cash rate at 2.75% on a 4-3 vote, defying economists and markets who widely expected a hike. The hold follows two consecutive increases and comes with annual inflation at 3.7% — above the bank's 1 to 3 percent target band.
Updated 2 hours ago
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
