PHOTO: ROBERT KITCHIN/STUFF OCR decisions can often be something of a foregone conclusion, but that was never truer than on Wednesday.
The Reserve Bank has confirmed the official cash rate will stay at 0.25 per cent, at its regular six-weekly review.
Governor Adrian Orr gave the bank’s word on March 16 when he slashed the OCR rate from 1 per cent to 0.25 per cent that he would leave it at that rate for a year.
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