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Paul Bloxham: HSBC chief economist on whether the OCR will be cut tomorrow

Paul Bloxham: HSBC chief economist on whether the OCR will be cut tomorrow

Heather du Plessis-Allan Drive · Newstalk ZB

August 19, 20255m 37s

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Show Notes

The Reserve Bank is widely expected to cut the OCR tomorrow, according to new reports.

The OCR is currently sitting at 3.25 percent and the major banks have already been dropping their mortgage interest rates in anticipation.

HSBC chief economist Paul Bloxham outlined his predictions.

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Topics

businessmoneyeconomyOCR