NZIER's Shadow Board recommends the RBNZ hold the OCR steady

07 February 2017

NZIER’s Monetary Policy Shadow Board recommends the Reserve Bank keeps the Official Cash rate on hold this Thursday at 1.75 percent. While the Shadow Board was overwhelmingly in favour of leaving the OCR unchanged for now, it has shifted to a tightening bias.

The full release can be read here.

Go Back