Property News · March 10, 2016

Reserve Bank surprises, cuts rates to 2.25pc


Reserve Bank governor Graeme Wheeler has cut the official cash rate a quarter point and hinted the rate could go lower, in a bid to prevent cheap global oil prices imbedding itself into the way local firms set wages and prices. The…

Source : nzherald.co.nz/Property
Read more…Reserve Bank surprises, cuts rates to 2.25pc