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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
5 mins to read

Businesses relieved after early interest rate cut

Economists expect another 25bp OCR cut next week, just as business confidence markedly improves in the September quarter.

Businesses are more chipper about the economic outlook, according to the latest NZIER QSBO.

Interest rate relief has finally given businesses a reason to smile and further hope that economic conditions are on the improve.

The NZ Institute of Economic Research’s well-regarded survey of business opinion improved markedly in the September quarter, just weeks after the RBNZ cut the official

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Jonathan Mitchell Tue, 01 Oct 2024
Contact the Writer: jmitchell@nbr.co.nz
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Businesses relieved after early interest rate cut
Economics,
106083
true