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Economics
3 mins to read

‘Watch, worry, wait’: RBNZ’s Hawkesby on OCR hikes

Has the central bank done enough to cool the economy and inflation?

RBNZ deputy governor Christian Hawkesby speaks with Jonathan Mitchell.

Jonathan Mitchell Mon, 29 May 2023

The Reserve Bank’s unique decision on the official cash rate has been dissected from all quarters, with a broad view that enough has been done to cool the economy and inflation.

Last week, the central bank raised the OCR by 25 basis points, as widely expected, but the Monetary Policy Committee

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Jonathan Mitchell Mon, 29 May 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
RBNZ OCR Christian Hawkesby Adrian Orr Economy recession
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