A prediction the OCR will be cut by the end of the year
A prediction the OCR will be cut by the end of the year
14 February 2019
The Reserve Bank elected to keep the rate on hold at 1.75 percent yesterday during its latest announcement.
ANZ senior economist Liz Kendall says a number of factors will likely force a change.
She says there's been a loss of momentum in GDP growth, and the housing market isn't contributing to growth as much as it was.
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