ASB beefs up OCR predictions
ASB updates OCR forecasts as RBNZ’s hurries to cool inflation.
Reserve Bank headquarters in central Wellington.
ASB Bank has beefed-up its official cash rate expectations off the back of the Reserve Bank’s need to raise the OCR to cool rampant inflation.
In ASB’s latest Markets Monthly report, it highlighted central banks globally were playing “catch up” and raising rates with “urgency”.
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