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Cold Lake, Alta , cracking down on aggressive panhandling, encampments

Cold Lake, Alta , cracking down on aggressive panhandling, encampments
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OCR 5 50% - Official Cash Rate remains unchanged

OCR 5 50% - Official Cash Rate remains unchanged
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OCR 5 50% - Official Cash Rate remains unchanged - Reserve Bank of New Zealand

OCR 5 50% - Official Cash Rate remains unchanged - Reserve Bank of New Zealand
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Reserve Bank holds Official Cash Rate at 5 50% with short, placeholder statement

(RBNZ) OCR 5 50% - Official Cash Rate remains unchanged

The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. The New Zealand economy continues to evolve as anticipated by the Monetary Policy Committee. Current consumer price inflation remains above the Committee's 1 to 3 percent target range. A restrictive monetary policy stance remains necessary to further reduce capacity pressures and inflation.

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