US and Australian central banks might be hitting pause on interest rate cuts, and the NZ economy doesn’t look that bad, so Westpac economists no longer believe the OCR will be cut in a fortnight – Interest.co.nz

October 31, 2019
1:48 am

US and Australian central banks might be hitting pause on interest rate cuts, and the NZ economy doesn’t look that bad, so Westpac economists no longer believe the OCR will be cut in a fortnight – Interest.co.nz

Westpac economists have strayed from the crowd and done a U-turn, no longer predicting the Reserve Bank (RBNZ) will cut the Official Cash Rate (OCR) in a fortnights time.
Along with most other RBNZ watchers, they had expected the Monetary Policy Committee …

Click here to view the original article.