---
title: NZIER’s Shadow Board considers negative OCR unnecessary
description: We are continuing to seek our Shadow Board members’ views on whether the Official Cash Rate (OCR) should be negative and if the Reserve Bank should expand its quantitative easing (QE).
---

[Latest publications | NZIER ](https://www.nzier.org.nz/publications)

# [NZIER’s Shadow Board considers negative OCR unnecessary](https://www.nzier.org.nz/publications/nziers-shadow-board-considers-negative-ocr-unnecessary)

 Written by [The NZIER Team](https://www.nzier.org.nz/publications/author/the-nzier-team) | August 9, 2020

We are continuing to seek our Shadow Board members’ views on whether the Official Cash Rate (OCR) should be negative and if the Reserve Bank should expand its quantitative easing (QE).

[View full post](https://www.nzier.org.nz/publications/nziers-shadow-board-considers-negative-ocr-unnecessary)

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