New Zealand's Central Bank Should Hold Rate Steady at Upcoming Meeting, NZIER Shadow Board Recommends in Close Call
() -- The New Zealand Institute of Economic Research's (NZIER) monetary policy shadow board is split on how the Reserve Bank of New Zealand (RBNZ) should act at its upcoming meeting, although most views recommend maintaining the official cash rate at 2.25%, NZIER said in a Monday report. It is a very close call, howeve