Will New Zealand’s OCR drop below Australia’s?
OCR parity with Australia could be only months away.
The likelihood of the official cash rates of New Zealand and Australia achieving parity soon is strong and raises questions over whether the RBNZ will go one step further than the Reserve Bank of Australia (RBA).
The RBA yesterday opted to keep its official cash rate (OCR) at 2% for the 11th month
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Jason Walls
Thu, 07 Apr 2016
Thu, 07 Apr 2016
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Will New Zealand’s OCR drop below Australia’s?
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