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

RBNZ’s ‘punch in the guts’ rate hike, with more in the offing

RBNZ taking ‘startlingly different’ path to Australian counterpart.

First Union policy analyst Edward Miller speaks with Jonathan Mitchell.

The RBNZ could take the official cash rate to a new high of 6% if it wants to get its way with putting inflation back in the box, according to analysts.

It surprised by increasing the OCR by 50 basis points to 5.25% yesterday, with most economists expecting a 25bp hike, after the December

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, 06 Apr 2023
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’s ‘punch in the guts’ rate hike, with more in the offing
Economics,
98552
true