Bloomberg News

Reserve Bank of New Zealand Keeps Key Rate Unchanged at 2.5%

July 27, 2011

July 28 (Bloomberg) -- New Zealand’s central bank kept its benchmark interest rate unchanged at a record-low 2.5 percent today, according to a statement from Governor Alan Bollard in Wellington. All 15 economists surveyed by Bloomberg News forecast the rate would remain at 2.5 percent.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


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