RBNZ on hold, back to neutral and in no hurry to lift, analysts say
- Thursday, 11 September 2014
After four consecutive rate hikes the Reserve Bank of New Zealand (RBNZ) left the official cash rate (OCR) on hold at 3.5 per cent at its September meeting, which was held shortly in advance of New Zealand's general election. Analysts were universally expecting the pause and the consensus is now that will be on hold until at least March.
