RBNZ cuts again – and increasingly dovish tone noted
- Thursday, 10 September 2015
As was widely expected by analysts, the Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 basis points, to 2.50 per cent, on September 10. Analyst commentary focuses on the fact that the RBNZ maintains an easing bias, though most believe the reserve bank remains in "data watch mode".
