RBNZ holds rates at 1.75%, as expected

Highlights of the Reserve Bank of New Zealand interest rate decision

  • Prior was 1.75%
  • All economists polled by Bloomberg expected no change

Grant Spencer is the interim Governor until March 26 after Wheeler’s retirement last month.

This is the final meeting of 2017. The next one isn’t until February. The new government plans to change the RBNZ’s mandate and decision-making structure.

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