10 Mar 2016

Reserve Bank Govenor wanted to catch NZ by surprise

From Checkpoint, 6:13 pm on 10 March 2016

Early last month, Reserve Bank Governor Graeme Wheeler sounded like he would have have to be dragged kicking and screaming to cut interest rates....which were already at a record low. But after cutting interest rates to 2.25% he has been dubbed - albeit perhaps tongue in cheek - "Action Man".