Most economists still picking a rise in the OCR this year
A December rate hike is likely, but an earlier move upwards can’t be ruled out, Forsyth Barr’s Zoe Wallis tells NBR.
WATCH: Forsyth Barr investment strategist Zoe Wallis speaks with Jonathan Mitchell.
The Reserve Bank may be forced to hike the official cash rate before December, if hot inflation persists for longer than desired, economists say.
Yesterday, the central bank stuck to the script and left the OCR on hold at 2.25%, a place it is likely to remain for the foreseeable future, after
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