19 Aug 2021

Reserve Bank leaves interest rates on hold....for now

From Nine To Noon, 9:35 am on 19 August 2021
Governor of the Reserve Bank Adrian Orr.

Governor of the Reserve Bank Adrian Orr. Photo: RNZ / Dom Thomas

The Reserve Bank was widely expected to lift rates in its review of the Official Cash rate yesterday, but decided against it due to the latest Covid-19 lockdown. Susie speaks with ANZ Chief Economist Sharon Zollner about the decision not to move, and how the latest Covid outbreak might impact the economy.