Reserve Bank of New Zealand Deputy Governor Grant Spencer: the interest rate hike is off the table for some time

Market news

24 August 2015

Reserve Bank of New Zealand Deputy Governor Grant Spencer: the interest rate hike is off the table for some time

The Reserve Bank of New Zealand (RBNZ) Deputy Governor Grant Spencer said on Monday that the interest rate hike is off the table for some time.

Spencer also said that low interest rates are contributing to housing demand pressures.

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