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Examples
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Mr. Bollard's comments may increase expectations that the central bank will move to raise the OCR before the end of the year.
New Zealand Rates on Hold but Central Bank More Upbeat Rebecca Howard 2011
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Mr. Bollard's comments may increase expectations that the central bank will move to raise the OCR before the end of the year.
New Zealand Rates on Hold but Central Bank More Upbeat Rebecca Howard 2011
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During Mr. Bollard's tenure, the benchmark rate climbed to as high as 8.25%, a record, and fell to the lowest levels ever amid some of the most trying global circumstances the country has ever faced.
New Zealand's Central Bank Looks Abroad for Next Chief James Glynn 2012
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Bollard Guardedly Optimistic About Recovery Underlying Bollard's cautious tone was a recognition that activity is ticking up in New Zealand, which has been in recession since the start of 2009, the longest downturn since the 1970s oil shock.
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Bollard's retained his easing bias when he recommitted to "keep the OCR at or below the current level through until the latter part of 2010."
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Algonquins and Radisson and, 76-78, 79-80; Radisson's fight with, on the Grand Sault, 94-96; Bollard's battle with, 97-98; Radisson's fights with, on second Western trip, 107-108, 109-111; wars between Algonquins and, 359.
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Harry at once agreed to Bollard's proposal, and Captain Twopenny volunteered to accompany the doctor on his proposed exploring expedition.
The Voyages of the Ranger and Crusader And what befell their Passengers and Crews. William Henry Giles Kingston 1847
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Economists surveyed by Bloomberg News were divided on the outcome of central bank Governor Alan Bollard's first policy meeting since a Feb. 22 temblor killed more than 160 and leveled parts of Christchurch, the nation's second-biggest city.
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Bollard's decision was a "preemptive move to provide additional policy support to the economy at a time when there's still a lot of uncertainty about what the impact of the earthquake will be," said Khoon Goh, head of market economics and strategy at ANZ National Bank Ltd. in Wellington.
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The currency dropped as low as 81.32 U.S. cents from 83.32 cents immediately before Bollard's statement.
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