Interest rate rise sooner or later, say economists

A strong economy is leaving Reserve Bank governor Alan Bollard little choice but to raise interest rates on December 4, some economists say.

Monday, November 17th 2003, 6:28AM

by The Landlord

Others argue that the next interest rate rise will probably be March, rather than December or January.

Dr Bollard will also have to weigh the impact of an ever-rising dollar, hitting another six-year high at US62.6 cents yesterday, on strong job figures.

Read More - Opens in a new window
« Abundance of good economic news gives Bollard a headacheLianne Dalziel: Address to Master Builders »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved