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Infometrics forecaster on OCR hike to 3%

Author
Newstalk ZB,
Publish Date
Wed, 17 Aug 2022, 6:40PM
Photo / Getty
Photo / Getty

Infometrics forecaster on OCR hike to 3%

Author
Newstalk ZB,
Publish Date
Wed, 17 Aug 2022, 6:40PM

Four doubles in a row, he OCR has risen another 50 basis points today.

We're now sitting at 3 percent, as expected by most commentators.

The Reserve Bank thinks we'll peak at 4.1 percent.

Gareth Kiernan, Infometrics Chief Forecaster joined Heather du Plessis-Allan.

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