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Ting Huang: NZIER Senior Economist on economists spilt over whether OCR will rise or stay put
Published 1 month, 1 week ago
Description
There's division over whether the Official Cash Rate will be hiked or hold steady at 2.25 percent.
ANZ and BNZ are both picking it will be raised by 25 points.
NZIER is expecting the Reserve Bank's board to be split and for Governor Anna Breman to make the captain's call on it.
NZIER Senior Economist Ting Huang told Ryan Bridge her own group had mixed views but one prevailed.
She says the majority of members thought holding it at 2.25 percent was the best option.
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