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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Dollars & Sense
5 mins to read

Should the RBNZ cut the OCR this year?

WATCH: Dollars & Sense debates the RBNZ's OCR moves this year.

WATCH: Dollars & Sense debates the RBNZ's OCR moves this year.

Key points
  • What’s at stake: Whether the RBNZ moves the OCR this year, up or down, because of the inflation and the slowing economy.
  • Background: The central bank left the OCR on hold at 5.5% last week, despite some commentators expecting another hike. 
  • Key players: RBNZ, Adrian Orr, Christian Hawkesby, ANZ, Sharon Zollner, ASB, Nick Tuffley, Rabobank, Ben Picton.

The Reserve Bank should have enough evidence to start cutting interest rates later this year, leading economists on NBR’s Dollars & Sense debate say.

Last week, the RBNZ reiterated the official cash rate needed to stay in the restrictive zone for a “sustained” period to ensure inflation falls

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Jonathan Mitchell Tue, 05 Mar 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Whether the RBNZ moves the OCR this year, up or down, because of the inflation and the slowing economy.
  • Background: The central bank left the OCR on hold at 5.5% last week, despite some commentators expecting another hike. 
  • Key players: RBNZ, Adrian Orr, Christian Hawkesby, ANZ, Sharon Zollner, ASB, Nick Tuffley, Rabobank, Ben Picton.
Should the RBNZ cut the OCR this year?
Dollars & Sense,
102977
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