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http://www.scoop.co.nz/stories/BU1307/S00919.htm
OCR unchanged at 2.5 percent
Thursday, 25 July 2013, 9:05 am
Press Release: Reserve Bank
OCR unchanged at 2.5 percent
Date
25 July 2013
The Reserve Bank today left the
Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve
Bank Governor Graeme Wheeler said: “The global outlook
remains mixed, with the euro area still in recession and
signs of slower growth in China and Australia, but more
positive recent indicators in the United States and Japan.
Global debt markets have become more cautious due to
uncertainty around the Federal Reserve’s anticipated exit
from quantitative easing.
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