RBNZ delivers fifth 50bp hike to OCR
Reserve Bank lifts the cash rate to 3.5% – and pondered a 75bp hike.
Illustration: Michael Hickmott.
Jonathan Mitchell
Wed, 05 Oct 2022
Hot Topic
Rich List
The Reserve Bank has hiked the official cash rate by 50 basis points to 3.5%, as widely expected.
It marked the eighth consecutive move upwards in the OCR and the fifth 50bp hike in a row.
The monetary policy committee agreed it was appropriate to tighten monetary policy at pace because inflation was
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Yearly Premium Online Subscription
NZ$499.00 / yearly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Individual
Group membership
NBR Marketplace
Jonathan Mitchell
Wed, 05 Oct 2022
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Related News
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Related News
RBNZ delivers fifth 50bp hike to OCR
Economics,
96029