TMM - News
Next to no chance of OCR cut

Friday 17th of March 2017
Not only is there unanimous agreement that the OCR will remain on hold at 1.75%, but there is limited expectation of the Reserve Bank moving from an explicitly neutral bias.
All the economists who responded to the regular mortgagerates.co.nz survey believe the OCR has reached its trough in this cycle.
Most put the probability of the OCR remaining on hold next week at 99-100%, alth...
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