close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

RBNZ unlikely to ‘panic’ and slash OCR this month: Rabobank

Senior market strategist Ben Picton counters the argument for an ‘immediate’ rate cut next week.

WATCH: Rabobank senior market strategist Ben Picton speaks with Jonathan Mitchell.

The Reserve Bank is unlikely to panic and slash the official cash rate next week, argues Rabobank, after the central bank earlier suggested a hold until later next year.

Senior market strategist Ben Picton countered the view of other economists who strongly suggested this week that a cut was needed

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Thu, 08 Aug 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.
RBNZ unlikely to ‘panic’ and slash OCR this month: Rabobank
Economics,
105229
true