John Carran: Jarden Economist and Investment Strategist ahead of today's OCR announcement

Early Edition with Ryan Bridge

Sisällön tarjoaa NZME and Newstalk ZB. NZME and Newstalk ZB tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

3M ago 2:53

MP3•Jakson koti

It’s an important call today for the Reserve Bank as they decide whether to drop the Official Cash Rate.

Bank economists are divided, Westpac, ANZ and Kiwibank anticipate the Reserve Bank to hold the OCR at 5.5%.

BNZ is expecting it to go down, as is ASB, who predicts it'll fall by 25-basis points to 5.25% , which would be the first drop since 2020.

John Carran, Jarden Economist and Investment Strategist, told Ryan Bridge he’s erring on the side of hold.

He said that although they may hold today, they will signal that interest rate cuts are coming much sooner than they previously indicated.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

3314 jaksoa

#New Zealand Current Affairs #NZME #Newstalk ZB #News #New Zealand