TMM - News
Delta outbreak set to halt rate hike

Wednesday 18th of August 2021
The Reserve Bank was widely expected to lift the OCR at its latest meeting this afternoon, however an outbreak of the more contagious delta variant of Covid-19 has changed the picture.
Economists at ASB suggest New Zealand will play it safe and keep the central bank rate at 0.25%.
Financial markets had already priced in rate increases and ANZ yesterday announced a raft of...
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