close
Economy Matters
3 mins to read

High interest rates set to be around for longer

ANALYSIS: Indeed, the effect of international geopolitical events may mean the OCR might go up rather than down.

WATCH: NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.

For most of 2023, The Reserve Bank of New Zealand suggested that the official cash rate might come down this year. However, in the late-November OCR review, the RBNZ indicated it would keep the OCR high, and this hawkish stance was confirmed by Paul Conway, the chief economist of the RBNZ, in a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Christoph Schumacher Mon, 12 Feb 2024
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.
High interest rates set to be around for longer
Economy Matters,
102565