Mortgage News

OCR tipped to stay on hold but changes loom

Monday 11th of March 2013

Of 18 economist surveyed by this website, all were very confident that the OCR would be left unchanged this week. But five expect some movement before the end of 2013.

Tom Kennedy, of JP Morgan, was the least convinced, putting his prediction at 70% probability.

Annette Beacher, of TD Securities, said she was 95% convinced the rate would stay the same at the next announcement. But...

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