Sideline view of the interest rate vs inflation match
A rate cut will happen eventually, but for now, the official cash rate looks to stay elevated for longer.
ASB chief economist Nick Tuffley speaks with Jonathan Mitchell.
The Reserve Bank is comfortable on the sidelines of the interest rate versus inflation match, but by no means is claiming victory, and some analysts still pencil in a further rate hike.
Yesterday, the central bank delivered what was widely expected and kept the official cash rate steady at 5.5% for
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