RBNZ, Treasury forecasts ‘overly optimistic’, economist says
RBNZ hits a peak, with one caveat; NZX bounces on OCR hike.
Infometrics principal economist Brad Olsen speaks with Jonathan Mitchell.
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Hawke’s Bay
The Reserve Bank can now sit on the sidelines and keep the official cash rate at 5.5%, according to economists, to keep on top of inflation.
Yesterday, the central bank raised the OCR by 25 basis points, as widely expected, but the Monetary Policy Committee went to a vote to decide whether to raise
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Jonathan Mitchell and Nicholas Pointon
Thu, 25 May 2023
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