A shadow board of economists and business leaders says interest rates should be left on hold this week, amid signs the economy may not be slowing as feared. On Thursday the Reserve Bank of New Zealand will announce the decision in its latest review of the official cash rate [OCR], which follows three consecutive 0.25 per cent cuts to 2.75 per cent. The OCR heavily influences deposit and mortgage rates. At the last Reserve Bank … Continue reading Reserve Bank to pause on interest rate cuts for now