RBNZ Projects Higher OCR Peak As Focus Shifts To Higher Short-term Neutral Rate

• Published on
• 23 Nov 2022 , 02:49 PM

By Sophia Rodrigues

(Sydney, November 23, 2022)—The Reserve Bank of New Zealand raised the official cash rate by 75bps to 4.25% and projected a peak OCR of 5.5% by September 2023 after agreeing to “act decisively” to re...