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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Market Outlook
3 mins to read

RBNZ expected to deliver jumbo-sized rate hike

Devon Funds head of retail Greg Smith on the week ahead.

Devon Funds head of retail Greg Smith speaks with Nicholas Pointon.

The Reserve Bank is widely expected to end the year with a bang when the Monetary Policy Committee meets later this week.

Bank economists were all pencilling in a jumbo-sized rate hike of 75 basis points or three-quarters of a percent, taking the official cash rate to 4.25%

The prospect of a

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Nicholas Pointon Mon, 21 Nov 2022
Contact the Writer: nicholas@nbr.co.nz
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RBNZ expected to deliver jumbo-sized rate hike
Market Outlook,
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