Banks are underestimating the size of OCR hikes
Margin Call: Market data points to faster, higher rises in the benchmark rate.
Hamish Pepper and George Henderson
Tue, 17 Aug 2021
The Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee meet on Wednesday to review the economy and set the Official Cash Rate (OCR).
So much has changed since its last full review in May and, as a result, the market is betting on a series of future rises from the current, near-zero
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Hamish Pepper and George Henderson
Tue, 17 Aug 2021
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