Sting in tail of OCR decision

Jun 2, 2021 | Money Market

26.5.21 The Reserve Bank’s Monetary Policy Review has left the Official Cash Rate unchanged today but reintroduced an OCR track. “This implied hikes from the middle of next year, with the OCR reaching 1.78% by June 2024 – much more hawkish than expected,” commented ANZ chief economist Sharon Zollner. The RBNZ’s forecasts for growth, employment […]

 


 

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