
TMM - News
Economists predict new record low for OCR

Monday 10th of June 2019
ASB economists predict a "new record low for the OCR awaits", based on the current balance of risks in the economy. They believe the next RBNZ cut will come in August, with rates then on hold at 1.25% until 2022.
In an update to the market, ASB economists pointed to comments made by RBNZ member Christian Hawkesby last week.
Hawkesby said New Zealand has to "be rea...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
2 min read