The Official Cash Rate (OCR) to Be Kept on Hold Until 2020
The Reserve Bank has indicated it expects to keep the OCR on hold until mid-2021, given the balance of risks it sees around the growth outlook.
Inflation remains contained close to 2%, and economic growth is moderating. Offshore volatility is keeping the Reserve Bank cautious as to when it tightens monetary policy.
Learn more in the link below
www.maximsherstobitov.nz...
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