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Was the RBNZ leak from the most honest person on the planet?

Was the RBNZ leak from the most honest person on the planet?

Central Banks
Eamonn Sheridan
22/03/2016 | 03:56 GMT

I wasn't around on site yesterday so I don't know if this story was picked up

Michael Reddell, a former senior economist at the Reserve Bank of New Zealand claims he was told that the official cash rate (OCR) would be cut, an hour before the decision was announced

The Reserve Bank has confirmed that following an allegation, it had launched an investigation

(This refers to the March 10 rate cut)

Redell says

  • "it wasn't someone inside the bank"
  • and "it wasn't someone in the lockup at the time
  • Also that the leaker was not a market participant

SMH has more

-

If someone had the decision for sure, and took no action, ... I don't know how to finish that sentence.

What says ForexLive - leaked or not?

A picture of RBNZ Governor Wheeler not having a leak.

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