What will the RBNZ do to the OCR next week? Economists give their guesses
Economists expect the OCR to be held at 2.25% at Wednesday’s RBNZ meeting.
Picture: Chief economist Sharon Zollner
ANZ, ASB, BNZ and Westpac don’t think the central bank will opt to raise the OCR by 0.25% and their eyes will be on the Monetary Policy Statement to get a steer on when the bank believes it will have to start hiking.
ASB senior economist Mark Smith says holding the OCR at 2.25% is not without cost if it results...MORE»
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OCR increases should start sooner rather than later
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.
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