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Market Outlook
3 mins to read
3

RBNZ to hike rates again as earnings season reveals reopening challenges

ANALYSIS: Harbour Asset Management portfolio manager Shane Solly on the week ahead.

Hamish McNicol Mon, 22 Nov 2021

Anticipation is building ahead of the Reserve Bank of New Zealand’s monetary policy statement on Wednesday, with markets pricing in a 40% chance of a 50-basis point increase to the official cash rate (OCR).

Last month, the RBNZ raised the OCR by 0.25 percentage points to 0.5%, the first rise

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Hamish McNicol Mon, 22 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Shane Solly RBNZ OCR Mainfreight serco Fletcher Building
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