TMM - News

Economists remain divided on how early the first rate cut will come

Thursday 11th of April 2024

The Reserve Bank held its OCR steady at 5.5% as just about every economist had expected it would.

ANZ described the RBNZ's statement as “playing with a straight bat,” and that the economy had continued to evolve broadly as had been expected in the February monetary policy statement.

Such a comment “isn't suggestive of any hurry to change stance, and aga...

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