National Leader Christopher Luxon reacts to the announcement the Reserve Bank has lifted the OCR to 5.5 percent. Video / Nick Dobbie Full story: https://bit.ly/3MTyXVV | nzherald.co.nz
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National Leader Christopher Luxon reacts to the announcement the R…
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As expected the Reserve Bank of New Zealand has cut the OCR by 25 basis points to 3.5%. Here’s BNZ Chief Economist Mike Jones on the RBNZ announcement and the role of interest rates in buffering the economic uncertainty we’ve seen over the last week, and into the near future. | BNZ
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The Reserve Bank of New Zealand’s decision is in and they’ve delivered another 25 basis point cut to the OCR, taking it to 2.25%. BNZ Chief Economist Mike Jones breaks down where we’re at in the easing cycle, and what it might mean for interest rates and the housing market next year. Check out his latest Property Pulse note here: https://www.bnz.co.nz/about-us/news/bend-in-the-road | BNZ
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