Audio + Images: RBNZ Monetary Policy Statement 10 March 2011

Thursday, 10 March 2011, 11:25 am
Article: Alastair Thompson

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Reserve Bank Governor Alan Bollard See more images below

• Scoop Audio (24 Minutes): Audio on demand of Reserve Bank Governor Alan Bollard's press conference following today's monetary policy statement announcement. The governor announced an expected 50 basis point cut in the official cash rate (OCR) to 2.5% - back to historically low levels. The statement was significantly impacted by last month's destructive earthquake in Christchurch.
  For more coverage and reaction to today's MPS see:
  
• Scoop Business - Earthquake Makes Counter-Cyclical "Perfect Storm"
• Scoop Business - Bollard cuts OCR to 2.5% in hedge against Christchurch quake
• Scoop Business - NZ dollar holds below 74 U.S cents ahead of OCR announcement
• Reserve Bank - OCR reduced to 2.5 percent
• CTU - Interest rate rate & coordination with government welcome
• ASB - ASB announces further interest rate reductions
• BNZ - BNZ reduces variable housing rates
• Kiwibank - Floating Mortgage Rates Slashed
• ANZ Bank - Changes Applied to ANZ's Home Loans

• Scoop Image:More images from today's Reserve Bank press conference.

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Alastair Thompson

Scoop Publisher

Alastair Thompson is the co-founder of Scoop. He is of Scottish and Irish extraction and from Wellington, New Zealand. Alastair has 24 years experience in the media, at the Dominion, National Business Review, North & South magazine, Straight Furrow newspaper and online since 1997. He is the winner of several journalism awards for business and investigative work.

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• Email - alastair@scoop.co.nz