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Katlyn Parker: Milford Asset Management analyst on the market response to today's OCR update

Katlyn Parker: Milford Asset Management analyst on the market response to today's OCR update

Heather du Plessis-Allan Drive · Newstalk ZB

February 28, 20243m 45s

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Show Notes

The Reserve Bank Governor has held the Official Cash Rate at 5.5 percent today, as expected by most economists.

Adrian Orr says there was discussion on whether to bring in a small hike, but the Monetary Policy Committee concluded holding was the right move.

Milford Asset Management's Katlyn Parker analyses the market reaction to this announcement.

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Topics

moneybusinessOCRReserve Bank