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

EPISODE · Feb 20, 2024 · 4 MIN

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

from Best of Business · host Newstalk ZB

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. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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

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