Articles Tagged ‘Sonia Speedy’

Official Cash Rate Unchanged at 2.5 percent

The Reserve Bank left the Official Cash Rate (OCR) unchanged at 2.5 percent on Thursday. Reserve Bank Governor Alan Bollard said: “New Zealand’s economic outlook has weakened a little since the March Monetary Policy Statement.” Political and economic stresses in Europe, along with a run of weaker-than-expected data, have seenNew Zealand’s trading partner outlook worsen. […]