TMM - News

“Real” risk of OCR cut: Westpac

Monday 13th of August 2018

The Reserve Bank surprised the market last week by signalling it may not raise the OCR rate until September 2020, due to slow economic growth. The central bank continued to suggest the OCR could move “up or down” depending on the strength of the economy and inflation figures.

Westpac economists, led by Dominick Stephens, believe the Reserve Bank’s interest rate projections “have made cle...

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