Westpac NZ economists raise their forecast OCR peak by 50 basis points - Interest.co.nz


5/16/2022 12:00:00 AM2 years 11 months ago

Economists at Westpac NZ say RBNZ inflation targeting facing the biggest challenge in its 30+ year history

Westpac New Zealand's economists are increasing their forecast peak for the Official Cash Rate (OCR) by 50 basis points to 3.50%. The bank's economists, led by Acting Chief Economist Michael Gordon,… [+5583 chars]

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