Why an OCR cut isn’t needed
'The Reserve Bank is sending out the entire fire brigade to rescue a kitten from a tree' – Brad Olsen.
Fiona Rotherham
Wed, 24 Apr 2019
Since Reserve Bank Governor Adrian Orr indicated in late March that future official cash rate (OCR) cuts were likely, economists have been debating the timing.
But Infometrics senior economist Brad Olsen argues there’s no need for an OCR cut at all.
“In our view, nothing fundamental had
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Fiona Rotherham
Wed, 24 Apr 2019
Contact the Writer: fiona@nbr.co.nz
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