News
OCR cut forecasts increasing

Monday 11th of May 2015
The bank’s chief economist Cameron Bagrie said they expect the RBNZ to cut the OCR by 25bps in June and to then follow it up with another cut in July.
Bagrie’s prediction came after ANZ’s monthly inflation gauge showed falls in the housing, miscellaneous goods, and recreation and culture groups which contributed to a 0.2% fall in the gauge.
They had seen enough...
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