Cash Rate up by 25

I am sure I recall that helpful Dr Cullen telling us that if we voted National, then interest rates would go up.

Yet despite the forces of goodness keeping National out by doing a deal with Winston, Reserve Bank Governor Alan Bollard has increased the official cash rate by 25 basis points to 7.0% today.

And hey looking at the graph below, there seems to be, well you know, like a pattern.

ocr.JPG

Comments (11)

Login to comment or vote

%d bloggers like this: