RBNZ hawkish for further rate hikes
RBNZ continues on path of 'least regrets' with eighth OCR hike.
Kiwibank chief economist Jarrod Kerr speaks with Jonathan Mitchell.
Jonathan Mitchell
Wed, 05 Oct 2022
The RBNZ has continued to tighten its cash rate at pace – but economists are divided how many more increases are needed to kick inflation to the curb.
As expected, the RBNZ delivered a 50 basis points hike to 3.5% – and even pondered whether it hike by 75bp.
The monetary policy committee agreed
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Jonathan Mitchell
Wed, 05 Oct 2022
Contact the Writer: jmitchell@nbr.co.nz
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RBNZ hawkish for further rate hikes
Economics,
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