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OCR update: Could the Reserve Bank have Christmas cuts coming?

Author
Newstalk ZB,
Publish Date
Tue, 26 Nov 2024, 7:39pm
Photo / File
Photo / File

OCR update: Could the Reserve Bank have Christmas cuts coming?

Author
Newstalk ZB,
Publish Date
Tue, 26 Nov 2024, 7:39pm

The Reserve Bank is set to make its final decision for the Official Cash Rate for the year tomorrow afternoon. 

The general consensus among experts is that the OCR will be cut by at least 50 basis points.

HSBC chief economist Paul Bloxham says the Reserve Bank needs to strike the right balance for the economy.

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