OCR preview: Is it time for a pause?
Update: 2023-07-04
Description
This month the Reserve Bank will make another decision on the Official Cash Rate and this one could look very different. The wholesale rate is currently sitting at 5.5 per cent after a small increase in may. But the Governor has told us to expect no increase next time.
New Zealand is officially in a recession so does that mean the Reserve Bank’s work is done?
To discuss this, Madison is joined by ASB chief economist Nick Tuffley.
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