Tony Alexander

Economic Commentaries

The full pdf version of the Weekly Overview is contained here.

Weekly Overview 11 August 2016

Thursday August 11th 2016

This morning the Reserve Bank cut the official cash rate as expected from 2.25% to just 2.0%. But because they signalled only one further rate cut whereas the markets were positioned for two the NZ dollar has rallied to near US 73 cents – in spite of the RB again saying it would be good if it fell.