Other tools could be used by the Reserve Bank to rein in housing inflation today, rather than moving the Official Cash Rate
Other tools could be used by the Reserve Bank to rein in housing inflation today, rather than moving the Official Cash Rate
14 April 2021
It's announcing its Monetary Policy Review at 2pm.
The OCR's been at point 25 percent since March last year, and JMI Wealth director Andrew Kelleher expects it to stay put.
He says recent housing policy announcements have potentially eased the burden on the central bank to react to the surging house prices.
However, Kelleher says the Reserve Bank could still address it using tools like debt-to-income measures.
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