NZ dollar touches new five-month low as US sheds more jobs
The New Zealand dollar touched a new five-month low of 68.17 US cents overnight.
The New Zealand dollar touched a new five-month low of 68.17 US cents overnight.
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
Economists are picking the Reserve Bank to start lifting the Official Cash Rate by at least the end of June.
Alan Bollard has sent a clear message to Govt that he wants more restraint on public spending.
Reserve Bank Governor Alan Bollard has singled out tax reform as an important tool in tackling our economic challenges.
Alan Bollard has left the OCR unchanged at 2.5pc. The pick-up in economy may drive an early rate hike next year.
Interest rates have been left on hold by the Reserve Bank this morning.
Reserve Bank Governor Alan Bollard today gave himself wiggle room to raise the OCR earlier than previously indicated.