Bollard是不是猪?
The Reserve Bank Governor has all but said there is zero reason to raise the OCR right now, but has gone and done it anyway.
…
The fact that if you only have a hammer then everything looks like a nail would seem to be the only logic for lifting the OCR at this point.
RBNZ weighs against export recovery
NZMEA Chief Executive John Walley says, “Reserve Bank Governor Dr Alan Bollard noted that domestic demand, retail spending, housing turnover and business investment are all weak; this begs the question: why has he raised the rate again?”
