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Prime Minister Luxon tight-lipped ahead of OCR announcement

Author
Newstalk ZB,
Publish Date
Wed, 2 Oct 2024, 4:31pm

Prime Minister Luxon tight-lipped ahead of OCR announcement

Author
Newstalk ZB,
Publish Date
Wed, 2 Oct 2024, 4:31pm

The Prime Minister's avoiding predictions for next week's Official Cash Rate decision. 

When the Reserve Bank cut 25 basis points off the rate in August, it predicted more were to come.

Chris Luxon says the pace of change is up to Governor Adrian Orr.

He says all he can do as Prime Minister is be a good partner and manage the fiscal position well.

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