Economic Weekly: When doves decide
- The RBNZ duly delivered the 50bp OCR cut that had been widely anticipated for so long
- The Statement also signalled that further cuts – at least two more – are likely to step back to a 25bp pace, which again was widely expected
- The RBNZ still came off a little more dovish than most were expecting, which came through in the RBNZ’s position on some of the key risks ahead and also in the RBNZ’s OCR outlook
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