Currency talk: Could the Reserve Bank surprise with a 0.5% OCR cut?
“The kiwi dollar is roughly 6% over the Reserve Bank's forecast – that is huge. On its own, that's worth about a 60 basis point cut.” With special feature audio.
NBR Radio Tue, 09 Aug 2016
The Reserve Bank is expected to cut the official cash rate this week but debate is emerging over how much it will be cut by.
Although most economists are united in their prediction of a 25 basis point cut (which could see the OCR fall to 2%), the prospect of the Reserve Bank shocking the market
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