Should Alan Bollard cut interest rates again? By how much?

Opinion

The Reserve Bank won't make an early cut to its interest rate, but is taking action to ease movement of money in the financial system.

Governor Alan Bollard yesterday ruled out an early review of the official cash rate, saying the New Zealand financial system was working satisfactorily and moves to help it over the past year had been "sufficient at this stage".

The bank is due to review the cash rate on October 23.

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