
TMM - News
Two more OCR cuts this year: ASB

Thursday 4th of July 2019
ASB economists now predict rate cuts in August and November, after NZIER's quarterly business confidence survey underlining weakened economic activity.
Previously, the bank tipped an August cut, with rates on hold for a long period after.
ASB says this week's business confidence survey is further evidence the Reserve Bank will need to cut rates to give the economy...
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