Results: OCR
New OCR track sets short-term rates on the path to 4.50%
With the RBNZ now forecasting the OCR to get down to 2.50%—0.50% lower than previously expected—shorter-term rates should still ha...
RBNZ drops OCR to 3.00%—and it's not done yet
And just like that, we're back at 3.00%—but in a somewhat unexpected twist, the RBNZ has signaled significant OCR cuts still to co...
Banks preemptively cut one- and two-year rates ahead of OCR verdict
We're a week out from our next OCR announcement, but the banks are already making moves—with all major lenders having dropped thei...
Another 0.25% cut expected—but will the RBNZ signal more in the pipeline?
Wholesale interest rates have fallen over the last few days in response to market expectations of a 0.25% cut on 20 August—but more importantly, what does the RBNZ's forecast have in store?
The future of interest rates hinges on RBNZ's next forecast
It's all pretty quiet on the interest rates front, as we await our next OCR announcement on 20 August. But it's not the OCR verdict that we'll be watching—it's the RBNZ's updated forecast.
Opposing forces leave OCR outlook uncertain
On the one hand, the NZ economy still isn't in great shape. On the other, offshore uncertainty is causing concern around the future of inflation. So, what does that mean for the OCR in the coming months?
Reserve Bank hits the pause button, holding the OCR at 3.25%
The RBNZ hit pause on rate cuts on 9 July—holding the OCR steady at 3.25%—citing signs of life in the economy, and overseas factors causing concern.
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