Official Cash Rate decision looms; Auckland prices fall

Wednesday, August 7th 2019, 9:59AM

No rate cuts this morning, but the Reserve Bank will later make a decision on whether to cut the Official Cash Rate. Economists predict the central bank will cut the OCR. 

You can watch the Reserve Bank's press conference on our site as a live webcast at about 3pm. Here's your link. 

Cause for concern in the housing market? New figures show Auckland prices fell by 0.8% in the three months to July: [READ ON].

Tags: OCR OCR forecasts

« Talk of 0.75% OCR growsRate cut bonanza begins »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

© Copyright 1997-2020 Tarawera Publishing Ltd. All Rights Reserved