RBNZ offers additional clarity around future direction
- Thursday, 30 April 2015
The Reserve Bank of New Zealand (RBNZ) shifted out of a neutral stance at its third official cash rate (OCR) meeting of 2015, analysts note. At the April 30 meeting the RBNZ kept the rate on hold at 3.50 per cent, while the accompanying statement demonstrated what is being interpreted by most as the adoption of a clear easing bias.
