RBNZ on hold in August, OCR forecast revised higher. First Impressions RBNZ August 2023 Monetary Policy Statement OCR remains at 5.5% as expected. Near term growth outlook revised up, and OCR profile revised higher to 5.6% (March-June 2024) Around 40% chance of a further rate hike to 5.75%. Assumed neutral OCR revised up 25 basis […]
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