Bloomberg News

Reserve Bank of New Zealand Leaves Benchmark Rate at 2.5%

October 26, 2011

Oct. 27 (Bloomberg) -- The Reserve Bank of New Zealand left its benchmark interest rate at a record-low 2.5 percent, central bank Governor Alan Bollard said in a statement today in Wellington. All 18 economists in a Bloomberg News survey predicted no change in the official cash rate.

To contact the reporter on this story: Tim Smith in Sydney at tsmith58@bloomberg.net

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


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