If growth outlook worsens interest rates could be cut further: Reserve bank of New Zealand [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Mark Coote | Bloomberg | Getty Images Pedestrians walk past the Reserve Bank of New Zealand headquarters in Wellington, New Zealand, on Thursday, Sept. 13, 2012. Interest rates in New Zealand are at an all-time low and the central bank has signaled it could remain at its current level until 2020 — but the bank is willing to cut rates further if needed, the deputy governor of the Reserve Bank of New Zealand Geoff Bascand told CNBC on Tuesday. (If) growth remains very soft, business confidence is very low — if that translates into weaker demand, weaker investment, then it is possible we would need to reduce the rate to provide a bit more stimulus, Bascand, who was at the UBS Australasia conference, told CNBC's Matt Taylor. At the same time, he added, we've also seen firms really saying that they are struggling to get hold of the labor that they need. The capacity constraints have been there. In the face of that, we're seeing a little bit of cos
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CMCSA
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- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website