NZIER’s Shadow Board divided on where OCR should be
September 23, 2019
There has been increased divergence in views amongst the NZIER Monetary Policy Shadow Board on what the OCR should be at the OCR Review this Wednesday. This widening in the range of views follows the Reserve Bank’s surprise decision to cut the OCR by 50 basis points at its August meet … Read more
NZIER’s Shadow Board sees stronger easing bias as appropriate
August 5, 2019
NZIER’s Monetary Policy Shadow Board have lowered their recommendation for the OCR but remained centred on a no-change decision for Wednesday. There was a wide range of views this time, and NZIER Shadow Board members distinguished between their views on what they think the Reserve Ban … Read more
NZIER’s Shadow Board adjusts OCR recommendation in the wake of cut
June 24, 2019
NZIER’s Monetary Policy Shadow Board has adjusted their recommendation in the wake of the Reserve Bank’s OCR cut in May. The NZIER Shadow Board recommends the Reserve Bank should leave the OCR on hold at the OCR Review on Wednesday. However, there have been mixed views as to whether t … Read more
NZIER’s Shadow Board still recommends the OCR be kept on hold
May 6, 2019
NZIER’s Monetary Policy Shadow Board continues to remain of the view that the OCR should not be changed at the Reserve Bank’s Monetary Policy Statement on Wednesday. However, there has been an increase in easing bias relative to the previous OCR decision. Read more
NZIER’s Shadow Board continues to recommend unchanged OCR
March 25, 2019
NZIER’s Monetary Policy Shadow Board continues to remain firmly of the view that the OCR should not be changed ahead of the Reserve Bank’s OCR Review on Wednesday. Read more
NZIER’s Shadow Board more certain that OCR should remain unchanged
February 11, 2019
NZIER’s Monetary Policy Shadow Board’s view on the Official Cash Rate (OCR) continues to be firmly on no change ahead of the Reserve Bank’s Monetary Policy Statement on Wednesday. Read more