Cash rate rises to 4.25%

Nov 23, 2022 | Currency, Economy, Latest News

The RBNZ lifted the Official Cash Rate (OCR) 75bp to 4.25% today with the release of its Monetary Policy Statement (MPS). “The tone of the Statement was even more hawkish than we expected, says ANZ chief economist Sharon Zollner. “We have revised up our forecast OCR track, adding to our existing 75bp hike in February […]

 


 

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