Interest rates on hold at 1.75%

June 07, 2016
Steve Hodgkinson

At the monthly meeting of the Reserve Board, the member decided to leave interest rates on hold after cutting rates 0.25% last month.

It has been reported that the majority of economists in a recent survey currently believe that there is room for interest rates to be cut again this year, the primary point of dicsussion is when this will occur and what factors wil be the contributing triggers.

Posted in: Interest rates

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