Don't expect any major change to interest rates before Christmas
Don't expect any major change to interest rates before Christmas
29 November 2023
The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5 percent at its next review at 2pm today.
Economists and commentators remain divided on whether there will be further hikes in the current cycle.
But NZIER's Christina Leung, Jarden's John Carran and JMI Wealth's Andrew Kelleher say for now, previous hikes appear to be having the desired effect.
They say inflation has been easing faster than expected, and unemployment has been rising again.
© 2025 Newstalk ZB, NZCity