Reserve Bank of New Zealand Cash Rate

New Zealand Monetary Setting Still in Pause Mode at Very Accommodative Level

April 25, 2012

The last change in New Zealand’s Official Cash Rate (OCR) happened in March 2011 when a 50-basis point cut in the wake of the Canterbury earthquake returned the OCR to its cyclical low of 2.5%.  Such had been at 2.5% also from April 2009 until June 2010.  A statement on the Reserve Bank of New […] More