RBNZ to hike rates again as earnings season reveals reopening challenges

Anticipation is building ahead of the Reserve Bank of New Zealand’s monetary policy statement on Wednesday, with markets pricing in a 40% chance of a 50-basis point increase to the official cash rate (OCR).

Last month, the RBNZ raised the OCR by 0.25 percentage points to 0.5%, the first rise

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Hamish McNicol Mon, 22 Nov 2021

Contact the Writer: Hmcnicol@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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