TMM - News
OCR reaction: higher interest rates expected

Wednesday 14th of July 2021
While the central bank kept the official cash rate on hold at 0.25% this week, it reduced its monetary support, ending its LSAP quantitative easing programme from July 23. Markets had expected the central bank to taper down the programme.
The RBNZ also removed wording around needing "considerable time and patience" to meet its targets.
The Reserve Bank pointed to...
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