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.
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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RBNZ, Treasury forecasts ‘overly optimistic’, economist says
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