Reserve Bank of New Zealand Governor Grant Spencer finished his six-month term without any fireworks by leaving interest rates at 1.75% for the 16th month and reiterating that rates are unlikely to rise until the second half of 20 The new Governor Adrian Orr is unlikely to begin with a bang when he takes over on Tuesday, not least because he will have to deal with a slowing economy and not enough inflation, but we can’t completely dismiss the possibility that he shakes things up a little.
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