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

Why an OCR cut isn’t needed

'The Reserve Bank is sending out the entire fire brigade to rescue a kitten from a tree' – Brad Olsen.

Since Reserve Bank Governor Adrian Orr indicated in late March that future official cash rate (OCR) cuts were likely, economists have been debating the timing.

But Infometrics senior economist Brad Olsen argues there’s no need for an OCR cut at all.

“In our view, nothing fundamental had

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Fiona Rotherham Wed, 24 Apr 2019
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Why an OCR cut isn’t needed
General Business,
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