RBNZ keeps rate unchanged despite interest rate sp

The Reserve Bank of New Zealand left interest rates unchanged at 6.5% despite inflation nudging the top of the bank's inflation target zone. Don Brash has said in the past that the Reserve Bank can live with a short-term spike in inflation as long as inflation is expected over the 12-24 month horizon to come back nearer to the middle of the 0-3% target zone.

Following the decision, Brash said there was much uncertainty about the outlook, especially because economic data in small countries

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: