US inflation hotter than forecast at 13-yr high of 5.4%, but markets relaxed as US Govt sees it as temporary; Eyes on RBNZ at 2pm; Wellington house inflation rate 46.2%; Palmerston North up 61.2%
Why does OCR get altered on a set day. Obviously it can be done on any day. I have recommended in the past the RBNZ could and should act capriciously and jerk the OCR up and down and around around at any time - that would corral the horses
Why does OCR get altered on a set day. Obviously it can be done on any day. I have recommended in the past the RBNZ could and should act capriciously and jerk the OCR up and down and around around at any time - that would corral the horses