The business world's expecting no change to the OCR today
The business world's expecting no change to the OCR today
24 February 2021
The Reserve Bank's due to make an announcement on the Official Cash Rate, which has now been at 0.25 per cent for almost a year.
The last decision was on November 11.
New Zealand Institute of Economic Research principal economist Christina Leung says their Shadow Board sees little need for further stimulus.
She says given there's still a bit of uncertainty on the horizon, they think the monetary policy stance shouldn't be changed.
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