OCR review: Will the Reserve Bank's dovish pivot see mortgage and ...
11 Jul 2024
New Zealand Herald
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Financial markets believe OCR could be cut as early as next month.
Wide gap between the sentiment of the market and the Reserve Bank, including Governor Adrian Orr, narrows following Wednesday's monetary policy review. Photo / Mark Mitchell
ANALYSIS
Trying to make financial decisions in the current environment is a tough, if not anxiety-inducing, task.
In late-May, the Reserve Bank (RBNZ) said it was still very worried about high, domestically-driven inflation.