25 basis points up

Feb 23, 2022 | Economy, Featured, Free, Latest News, Money Market

23.2.22 The Reserve Bank’s Monetary Policy Committee today increased the Official Cash Rate (OCR) by 25 basis points to 1% and agreed to commence the gradual reduction of the Reserve Bank’s bond holdings under the Large Scale Asset Purchase (LSAP) programme - through both bond maturities and managed sales. The Committee agreed it remains appropriate to […]

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25 basis points up

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