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RBNZ still on track for November OCR cut

The RBNZ reaffirms its strong easing bias at the September OCR review.

We continue to expect a cut in November, focus is now on if further cuts will be required early next year.

Weak inflation measures, a higher TWI and increased funding costs are the main factors that could prompt a second cut.

Economic research - Access trends and financial news | ASB Economic Weekly RBNZ still on track for November OCR cut