Money Mail 69 - The OCR - The ‘Official’ Cash Rate

What this episode covers

Recently, we looked at who the Reserve Bank are and this week we are going to look at one of the levers that they pull. Well, the Official Cash Rate or OCR is the interest rate set by the Reserve Bank. It is a lever they pull to support ‘maximum sustainable employment’ and ‘price stability over the medium term’.Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. Find us here:@keepthechange_nzhttps://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Keep The Change?

This episode is 12 minutes long.

When was this Keep The Change episode published?

This episode was published on September 10, 2021.

What is this episode about?

Recently, we looked at who the Reserve Bank are and this week we are going to look at one of the levers that they pull. Well, the Official Cash Rate or OCR is the interest rate set by the Reserve Bank. It is a lever they pull to support ‘maximum...

Can I download this Keep The Change episode?

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