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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
Economics
3 mins to read

Another chunky OCR cut likely before summer fades

RBNZ Governor Adrian Orr says another 50bps cut is on the cards in February if the economy plays ball.

WATCH: BNZ chief economist Mike Jones speaks with Jonathan Mitchell.

The Reserve Bank is comfortable that inflation is under control and has never been clearer about its next official cash rate move.

Yesterday, the central bank delivered a widely expected 50 basis points cut to the OCR to 4.25%, following an identical cut in October, and a 25bps cut in

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Jonathan Mitchell Thu, 28 Nov 2024
Contact the Writer: jmitchell@nbr.co.nz
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Another chunky OCR cut likely before summer fades
Economics,
106901
true