Reserve Bank of New Zealand Press Release

PRESS RELEASE - The Reserve Bank has decided to leave the Official Cash Rate unchanged at 5.75 per cent. In addition, the Bank's projections show no change in short-term interest rates over the period ahead - reflecting the Bank's sense that the risks for the future direction of the OCR are evenly balanced, 20 November.

Speaking at the release of the Reserve Bank's Monetary Policy Statement Reserve Bank Governor Alan Bollard said "The new Policy Targets Agreement directs the Bank to target fut