
NZ's Cullen apologises for interest rate 'slip'
Finance Minister Michael Cullen has apologised after saying that the Reserve Bank of New Zealand had raised its key interest rate "today" - the RBNZ is due to meet on Thursday 9 September to decide monetary policy.
During Parliamentary question time on Wednesday Cullen praised the strength of the New Zealand economy, telling the House: "Although the Reserve Bank raised interest rates today, it did so because growth is so strong."
The Reserve Bank is set to make a monetary policy statement on Th
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