Market reaction to Brexit may force Reserve Bank to cut OCR again
ASB Bank chief economist Nick Tuffley says the Brexit has increased the likelihood of the Reserve Bank cutting the official cash rate in August. With special feature audio.
Hot Topic
Hawke’s Bay
The likelihood of the Reserve Bank cutting the official cash rate in August has increased because of the market reaction to the Brexit, according to economists.
In a move that shocked the financial markets – which had priced in Britain remaining in the EU – a majority of Brits, more than 16
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jason Walls
Fri, 24 Jun 2016
Fri, 24 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Market reaction to Brexit may force Reserve Bank to cut OCR again
59382