Audio: RBNZ OCR Announcement - 0.5% Rate Cut

Thursday, 30 April 2009, 11:22 am
Article: Alastair Thompson

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Reserve Bank Governor Dr Allan Bollard See another image below

• Scoop Audio: Audio on Demand of today's Reserve Bank press conference with Governor Dr Allan Bollard. Cutting the interest rate by a further 50 basis points the Governor had a remarkably downbeat view of the coming 2 years, indicating he expected official interest rates to remain at record low levels till towards the end of 2010.

• Scoop Image: Another image from today's RBNZ press conference.

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Alastair Thompson

Scoop Publisher

Alastair Thompson is the co-founder of Scoop. He is of Scottish and Irish extraction and from Wellington, New Zealand. Alastair has 24 years experience in the media, at the Dominion, National Business Review, North & South magazine, Straight Furrow newspaper and online since 1997. He is the winner of several journalism awards for business and investigative work.

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