TMM - News

Predictions for OCR cut next month

Monday 22nd of July 2024

If key data, particularly the 7 August labour data and various inflation expectation measures are weak enough, then a cut could be on the cards.

ASB chief economist Nick Tuffley says every RBNZ meeting from now on will be conceivably ‘live’ and there could be cuts of 75bp by the end of the year. 

Even if there is not a cut next month, the bank expects 25bp OCR c...

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.