All eyes on the Orr effect but no change in the OCR expected
Economists differ on when the OCR will rise.
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Nobody expects new Reserve Bank governor Adrian Orr to raise interest rates when he delivers his first monetary policy statement on Thursday but, beyond that, the consensus disappears.
The former acting governor, Grant Spencer, said in his last official cash rate (OCR) review in March that
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Jenny Ruth
Mon, 07 May 2018
Mon, 07 May 2018
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All eyes on the Orr effect but no change in the OCR expected
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