To cut, increase or status quo – that is the question.

The BNZ Markets Outlook looked at reasons why Graeme Wheeler, the RBNZ Governor, might keep a ‘steady as she goes’ attitude to Thursday’s OCR review. Below are some thoughts as to why he could be swayed to increase or decrease the OCR rate.

OCR up or down

With all that said it is expected that Graeme Wheeler will leave the OCR unchanged at 2.5%.

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