Friday, April 26, 2024
HomeSavings & Money NewsRBNZ avoids being accused of ‘crying wolf’

RBNZ avoids being accused of ‘crying wolf’

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WELLINGTON (CU)_ For several months now, analysts have been anticipating an increase in the official cash rate (OCR) of the Reserve Bank of New Zealand (RBNZ), which had remained at 0.25 per cent since March last year. However, an outbreak of the delta COVID-19 a couple of months ago forced the central bank to…

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