RBNZ left the official cash rate unchanged
08 December 2011
The Reserve Bank of New Zealand has left the Offcial Cash Rate unchanged at 2.5% this morning and dropped any reference to potential rate hikes.
View the Monetary Policy Statement page http://www.rbnz.govt.nz/monpol/statements for the current policy assessment, Monetary Policy Statement, and data file.
The NZD is marginally weaker in immediate response. Governor Bollard is holding a press conference at the moment which may provide further insights.