TMM - News

Westpac: OCR to hold until 2022

Monday 11th of February 2019

The lender previously forecast an OCR hike in late 2020, but has changes its views amid weakening construction numbers and a slowdown in the economy in the latter months of 2018.

Dominic Stephens, chief economist at Westpac, says the OCR outlook "is evenly balanced for the foreseeable future". He adds: "The biggest motivation for changing our OCR call is the construction...

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.