Economic Weekly: Is it over now?

  • Wednesday’s RBNZ Monetary Policy Statement is the event in New Zealand this week.  Although it might have been superseded by a T Swift concert, had she decided to stop by
  • This is the first RBNZ policy meeting for 2024 and follows a period of 8 months where the Official Cash Rate (OCR) has been left on hold at 5.5%
  • However, the RBNZ has warned at each meeting that rates could still go higher if things (inflation) weren’t progressing as desired

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.