NZIER Shadow Board says keep rates at 3.5% with an easing bias

29 April 2015

NZIER’s Monetary Policy Shadow Board says the Reserve Bank should leave the Official Cash Rate at 3.50 percent on Thursday. But the Board’s sentiment is shifting – rate rises are off the table for now and there is a growing sense that the Reserve Bank’s next move should be down. 

You can read the full release here.

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