Mortgage News
One economist calls for OCR cut this week; others say wait

Monday 8th of June 2015
Almost all the economists who responded to a mortgagerates.co.nz survey believed the RBNZ will leave the OCR at 3.50% in its OCR and monetary policy statement on Thursday.
Only one predicted a cut.
HSBC chief economist Paul Bloxham said he favoured a June cut in the OCR to 3.25%.
Falling business confidence, weaker global conditions, very low inflation and the recent tighte...
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