Mortgage News

OCR move next week unlikely: Survey

Friday 24th of January 2014

The latest CPI data, which showed much stronger inflation than expected, had prompted some to question whether the Reserve Bank might move sooner rather than later on the rate.

But economists said Governor Graeme Wheeler was likely to want to wait until March to increase the OCR – if only for the pragmatic reason that he would get a chance to explain his reasoning in more detail at the M...

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