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Paul Bloxham: HSBC Chief Economist on the divided predictions about next week's OCR hike

Paul Bloxham: HSBC Chief Economist on the divided predictions about next week's OCR hike

Heather du Plessis-Allan Drive · Newstalk ZB

February 20, 20244m 11s

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Show Notes

Several leading economists are at odds over next week's OCR call from the Reserve Bank.

ANZ has claimed the Bank will hike rates up twice before April, BNZ thinks an increase is unlikely, and ASB today predicted the OCR will hold until November before rates are cut.

HSBC Chief Economist Paul Bloxham says the economy has slowed down- but high rates still linger.

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Topics

businesseconomyOCRHSBC