Should Reserve Bank have cut the OCR by 50 points? NBR reader verdict
With special feature audio: NBR economics editor Rob Hosking gives his take on the central bank's decision.
Jason Walls
Mon, 15 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The Reserve Bank should have gone further when cutting the official cash rate (OCR) last week, with a 50 basis point favoured by a majority of NBR poll participants.
This result does not surprise NBR economics editor Rob Hosking, who says the combination of low inflation and central banks around
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Jason Walls
Mon, 15 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.