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

'Stronger than expected' GDP growth keeps OCR unchanged

Reserve Bank says it wants to 'contribute to maximising sustainable employment.'

Jenny Ruth
Thu, 08 Nov 2018

Reserve Bank governor Adrian Orr surprised nobody by leaving interest rates unchanged and his stance remains that he's as likely to cut his official cash rate (OCR) as he is to raise it.

But the most likely outcome is that the OCR will stay where it is into 2020.

That's despite the trifecta

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Jenny Ruth
Thu, 08 Nov 2018
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'Stronger than expected' GDP growth keeps OCR unchanged
General Business,
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