News

Reserve Bank expected to stick to its knitting; Banks bringing OCR cut expectations forward

The Reserve Bank is not expected to give a dovish tilt at its Monetary Policy Review supporting the markets recent pricing of a 60% easing of the OCR in October with about 38 basis points priced in by the end of the year. [READ ON]

ASB is joining Kiwibank in expecting OCR cuts starting from November this year. [Check out what ASB chief economist Nick Tuffley says]

Most Read

Get TMM delivered to your inbox each week

Sign Up