But most of NZIER’s shadow board pick the OCR will sit between 3.5% and 4.5% a year from now.
Treasury secretary Dr Caralee McLiesh has delegated authority to pay up to $400 million a month as cost of large-scale asset purchasing programme rises.
RBA governor Philip Lowe explains why the cash rate target needed to rise again.
Inflation has forced the RBA to hike by 25bp to 4.1% today.
ANZ's business confidence survey improves, but cost pressures remain intense.
NZIER's latest Quarterly Predictions reinforce RBNZ's OCR on hold at 5.5%.
Has the central bank done enough to cool the economy and inflation?
RBNZ hits a peak, with one caveat; NZX bounces on OCR hike.
The Monetary Policy Committee voted five-two in favour of jumping an extra 25bp to 5.5% today.
Budget 2023 discloses no recession and inflation back in box next year.