ASB note on what they expect from Reserve Bank of New Zealand monetary policy
– ASB previously had a forecast for the OCR to fall to 2.5%
– Now expect cuts to take it to 2%
ASB cite persistently weak inflation pressures
ASB note on what they expect from Reserve Bank of New Zealand monetary policy
– ASB previously had a forecast for the OCR to fall to 2.5%
– Now expect cuts to take it to 2%
ASB cite persistently weak inflation pressures