Archive for February, 2019

Official Cash Rate unchanged at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: Tena koutou katoa, welcome all. The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and 2020. The direction of our next OCR move could be up or down. Employment is near its maximum sustainable level. However, core […]

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