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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
5 mins to read

Higher interest rates not a done deal

There are good reasons for holding, as well as for lifting, OCR.

The Reserve Bank will release its quarterly Monetary Policy Statement (MPS) next Wednesday. A slew of economists are predicting an increase in the official cash rate (OCR) to keep inflation in check. With the market pricing in 65bp of hikes by the end of the year, which would lift the rate from

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Daniel Riordan Wed, 11 Aug 2021
Contact the Writer: daniel@nbr.co.nz
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Higher interest rates not a done deal
General Business,
88465
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