The RBNZ took most people by surprise with its rate cut yesterday and in large part that was because a month ago the governor Graeme Wheeler gave a speech which by common agreement hosed down expectations of rate cuts any time soon.
The RBNZ took most people by surprise with its rate cut yesterday and in large part that was because a month ago the governor Graeme Wheeler gave a speech which by common agreement hosed down expectations of rate cuts any time soon.