'High for longer' view on interest rates gains traction
More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
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More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
The August Monetary Policy Statement should be another "steady as she goes" affair. The RBNZ communicated a strong on-hold stance in the last Monetary Policy Statement in May and in the subsequent OCR review. The overall data flow would likely not have significantly shifted that stance in either direction.
Less, isn't it? very much so. i we are still waiting on the epg race to be announced but we expect that because of the decline in the market, what we're at is the cost of energy price guarantee trust in the government around £26.8 billion, which is well below the original estimate that the government had in the november statement. 50 government had in the november statement. ., ., , government had in the november statement. . . , , statement. so what it means is the government _ statement. so what it means is the government is, _ statement. so what it means is the government is, the - stateme...
Reserve Bank Governor Adrian Orr has lifted the official cash rate (OCR) by 50 basis points, to 4.75 per cent, despite billions of damage the economy faces
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