
Mortgage News
Economists expect 50 basis point OCR cut
Thursday 24th of February 2011
The markets have also moved to price in a reduction in the OCR, by a lesser amount of 25 basis points. However, BNZ, ASB and ANZ expect the OCR to remain on hold till late this year or early 2012.
ASB economist Jane Turner says the personal, economic and financial ra...
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