Official NZ cash rate to be left lower for longer
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Official NZ cash rate to be left lower for longer

Athens : Greece | Jul 17, 2012 at 5:13 PM PDT
Source: Scoop
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With just a mere 0.3% expansion for the June quarter pushing down the annual headline figure to 1.0% (the slowest annual incline since 1999), the NZD understandably fell 20pts to 0.7960 taking with it any onus for an impending rate hike in my opinion until at least late 2013. FULL ARTICLE AT Scoop
 
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