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

Upbeat Reserve Bank leaves OCR unchanged

Interest rates will be lower for longer.

Nevil Gibson
Wed, 25 Sep 2019

As universally expected, the Reserve Bank made no change in its Official Cash Rate (OCR) review.

It remained at 1.00% but market analysts said the tone of its announcement was more upbeat than expected.

While it stated, “There remains scope for more fiscal and monetary stimulus, if

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Nevil Gibson
Wed, 25 Sep 2019
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Upbeat Reserve Bank leaves OCR unchanged
General Business,
81008
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