Economists pencil in modest 25bp OCR hike next week
Recession vibes linger as economic conditions head south, but latest Stats NZ data shows this is not yet weighing on employment.
Jonathan Mitchell
Tue, 28 Mar 2023
Hot Topic
Hawke’s Bay
Recession vibes linger throughout the economy, with BusinessNZ data pointing to combined internal and external forces weighing on conditions, ahead of the Reserve Bank's official cash rate review on Wednesday next week.
The BusinessNZ Economic Conditions Index moved down to -12 for the March
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Jonathan Mitchell
Tue, 28 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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