Bloomberg News

RBNZ Will Leave Cash Rate at 2.5% Until March, Goldman Says

September 01, 2011

Sept. 2 (Bloomberg) -- New Zealand’s central bank will leave the official cash rate at a record-low 2.5 percent until March rather than raise borrowing costs this month as previously expected, Philip Borkin, economist at Goldman Sachs & Partners New Zealand Ltd. said in an e-mailed research note today.

To contact the editor responsible for this story: Tracy Withers at twithers@bloomberg.net


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