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9 May 2021 16:14
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  •   Home > News > Business

    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


    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.

    © 2021 Newstalk ZB, NZCity


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    Reducing the Southern Steel's ball possession is key for the Stars in their ANZ Premiership netball clash this afternoon in Auckland More...


    BUSINESS BUSINESS
    Auckland's dam levels have dipped below 50 percent again More...



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