NZIER’s Shadow Board continues to see little urgency for rate rise

08 August 2017

NZIER’s Monetary Policy Shadow Board again recommends that the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent. While the Shadow Board saw both upside and downside risks to the interest rate outlook, the general view was that a bias towards tightening was appropriate.

Read the full release here.

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