Economic Weekly: Give it a nudge, Guv
- We have tipped over to forecasting that the RBNZ will indeed start cutting the OCR this week, by 25bp, and continue to cut consecutively by 25bp at subsequent meetings
- We said a few weeks ago that if we were the Monetary Policy Committee we would be leaning to towards a cut, but that the RBNZ tends to be more deliberate
- We judge, though, that the RBNZ will have now also reached the point where it too assesses it needs to cut the OCR sooner than later
Contact us
Mark Smith
Senior Economist
Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.
His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.
Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.
Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.
When not at work Mark likes to travel, keep fit and spend time with his friends and family.
- Email: Mark
