Newsroom Pro

RBNZ pushes out the likely date of next OCR move to 2021

Reserve Bank governor Adrian Orr has held his official cash rate steady, as expected, and essentially repeated the language from his last review in November, saying he expects to hold it where it is through 2019 and 2020 and that the next move could be either up or down.

The OCR currently sits at its record low of 1.75 percent where it has been since November 2016.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS