Talk Money: May 11, 2016

  • 11/05/2016
Tony Field (Paul Henry)
Tony Field (Paul Henry)

Economists say the Reserve Bank is stuck between a rock and a hard place.

It needs to cut interest rates to lower the dollar and give exporters a helping hand.

But any further cuts to interest rates will fuel the already hot property market.

That is why the Reserve Bank might impose further restrictions on the amount of money the commercial banks can lend to property buyers.

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