The Reserve Bank is not expected to give a dovish tilt at its Monetary Policy Review supporting the markets recent pricing of a 60% easing of the OCR in October with about 38 basis points priced in by the end of the year. [READ ON]
ASB is joining Kiwibank in expecting OCR cuts starting from November this year. [Check out what ASB chief economist Nick Tuffley says]
« New code brings commonsense to lending; Massive liberalisation of planning rules to end housing woes | Expectation of November rate cuts prompts record short rate borrowing » |
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