Katlyn Parker: Milford Asset Management analyst on the market reaction to the OCR
Heather du Plessis-Allan Drive · Newstalk ZB
August 16, 20233m 43s
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Show Notes
The Reserve Bank has kept the Official Cash Rate at 5.5 percent, in line with predictions from banks and economists.
Many experts believe the OCR may shift later in the year to get the CPI down to target range.
Milford Asset Management analyst Katlyn Parker says there was limited market reaction to the announcement, but it's hard to think of more positives for the economy in the coming months.
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Topics
businessRBNZOCReconomy