The Official Cash Rate is unlikely to rise tomorrow -- but even less likely to go down
The Official Cash Rate is unlikely to rise tomorrow -- but even less likely to go down
11 July 2023
Most economists expect the Reserve Bank to keep the OCR unchanged at 5.5 percent, when it reviews the rate tomorrow afternoon.
Westpac Senior Economist Satish Ranchhod says economic growth has been softer than expected., since the last review.
Ahead of tomorrow's review, BNZ has followed ASB, Kiwibank, ANZ and Westpac is raising home loan roads.
© 2024 Newstalk ZB, NZCity