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Dicing up the chunks
Thursday, 11 March 2010
  • The OCR remains on hold at 2.5%, ‘middle of 2010’ assessment for rate hikes unchanged. 
  • RBNZ lowers peak in 90-day track as bank funding costs likely to persist. 
  • We continue to expect the RBNZ to hike 25bp in June, as inflation outlook less comfortable.

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Report Prepared by:

Jane Turner
ASB Economist
Phone: +64 9 374 8185
Fax: +64 9 302 0992






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