Shadow Board supports another interest rate hike

22 April 2014

NZIER’s Shadow Board recommends the Reserve Bank lifts the Official Cash Rate by 25 basis points to three percent on Thursday.

“Support for an interest rate hike to three percent, hot on the heels of a rate hike in March, is very high” said Dr. Kirdan Lees, Senior Economist at NZIER

You can read the full release here.