RBNZ's Bollard signals rates may rise

Central Banking staff
25 Jan 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Reserve bank of New Zealand said Thursday 25 January it will probably raise the benchmark interest rate from a record-high 7.25 percent because a surge in consumer spending and house prices may fuel inflation.

Click here for FACTBOX-Global interest rates in 2007

``We remain concerned about the upside risks to medium-term inflation,'' Reserve Bank Governor Alan Bollard said in a statement after he left the rate unchanged. ``In the absence of clear indications of moderation in housing and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]