ASB's view on the OCR

Friday, January 22nd 2010, 7:00AM

This week ends quietly (for now) with no home loan rate changes; however the focus is on next week's OCR announcement.

www.mortgagerates.co.nz will have a summary of what the economists are thinking later today. As a preview though we have a new graph which shows what ASB economists are forecasting for the OCR this year.

The sort term view is OK, but it has rates rising steeply in the middle of the year. Check it out here.

 

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