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BusinessDesk editor: I'd be surprised if OCR goes up

Author
Newstalk ZB,
Publish Date
Tue, 11 Jul 2023, 7:04pm
 Photo / Mark Mitchell
Photo / Mark Mitchell

BusinessDesk editor: I'd be surprised if OCR goes up

Author
Newstalk ZB,
Publish Date
Tue, 11 Jul 2023, 7:04pm

The RBNZ is expected to leave the OCR untouched at 5.5 percent on Wednesday.

The last time the Reserve Bank didn't raise the OCR at a formal review point was in August 2021.

BusinessDesk managing editor Pattrick Smellie says one NZIER expert predicted an increase, but he'd be surprised if went up.

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