Articles Tagged ‘April RBNZ board meeting’

OCR Unchanged At 2.5 Percent

The Reserve Bank left the Official Cash Rate (OCR) unchanged at 2.5 percent at its April meeting. Reserve Bank Governor Alan Bollard said: “Inflation is restrained and is expected to stay near the middle of the Bank’s target range. “The domestic economy is showing signs of recovery. Housing market activity continues to increase and a […]