Analysts say latest RBNZ cut is the last the bank wants, but suspect more may still follow
- Thursday, 10 December 2015
Following the Reserve Bank of New Zealand (RBNZ)'s decision to lower the official cash rate (OCR) by 25 basis points on December 10, analysts believe the reserve bank does not intend to cut further unless its hand is forced. However, the consensus appears to be that a near-neutral stance from the RBNZ will not last long into 2016 and that further cuts remain likely.
