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Mark Smith: ASB Senior Economist on next month's OCR forecast

Mark Smith: ASB Senior Economist on next month's OCR forecast

Published 2 months ago
Description

ASB has joined Westpac in predicting the Reserve Bank will keep the Official Cash Rate on hold next month.

The outlook has been revised after they previously predicted a hike when it's next reviewed on July 8th.

However, ASB Senior Economist Mark Smith told Heather du Plessis-Allan that it'll be another close vote to stay at 2.25%.

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