Economy

We are still heading towards a zero percent OCR

Bernard Hickey says the Reserve Bank is still expected to cut the Official Cash Rate next week and again in February - and the way things are looking we are still headed for a zero percent OCR by this time next year.

Labour market data out yesterday showed a rise in unemployment to 4.2 percent and a slowdown in jobs growth to 0.2 percent for the September quarter, with just 0.9 percent jobs growth for th

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