RBNZ rate committee to test whether 'enough has been done'

Wed, 29 Jan 2020

The Reserve Bank's monetary policy committee will be asking "whether enough has been done" when it starts deliberations next week ahead of its scheduled interest rate announcement, on Feb. 12. The central bank cut the official cash rate by 75 basis points to a record low 1.0 percent last year, due in part to the slowdown experienced by the country’s trading partners. “The question for us now is whether enough has been done, and how confident we can be of sustainably achieving our dual policy mandate for inflation and employment,...

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