RBNZ Monetary Policy Statement 10 March 2011
Scoop Audio + Photos: Press conference held after today's announcement of the RBNZ Monetary Policy Statement - Thursday, 10 March 2011
By Alastair Thompson
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Reserve Bank Governor Alan Bollard See more images below
- Scoop Audio (24 Minutes): Audio
on demand of Reserve Bank Governor Alan Bollard's press
conference following today's monetary policy statement
announcement. The governor announced an expected 50 basis
point cut in the official cash rate (OCR) to 2.5% - back to
historically low levels. The statement was significantly
impacted by last month's destructive earthquake in
Christchurch.
For more coverage and reaction to today's MPS see: - Scoop Business - Earthquake Makes Counter-Cyclical "Perfect Storm"
- Scoop Business - Bollard cuts OCR to 2.5% in hedge against Christchurch quake
- Scoop Business - NZ dollar holds below 74 U.S cents ahead of OCR announcement
- Reserve Bank - OCR reduced to 2.5 percent
- CTU - Interest rate rate & coordination with government welcome
- ASB - ASB announces further interest rate reductions
- BNZ - BNZ reduces variable housing rates
- Kiwibank - Floating Mortgage Rates Slashed
- ANZ Bank - Changes Applied to ANZ's Home Loans
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- Scoop Image:More images from today's Reserve Bank press conference.
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