November hike or May cut

Tuesday, September 26th 2023, 12:53PM

While the OCR is expected to hold at 5.50% at next month’s OCR review, at least three banks – ANZ, Westpac, HSBC – believe it will rise to 5.75% at the November RBNZ meeting. That’s despite the Reserve Bank’s indication it is not expecting to hike further in this cycle. [READ ON]

Tags: OCR forecasts

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