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Pressure mounting for the RBNZ to cut interest rates

Author
Newstalk ZB,
Publish Date
Thu, 1 Feb 2024, 7:11pm
Photo / File
Photo / File

Pressure mounting for the RBNZ to cut interest rates

Author
Newstalk ZB,
Publish Date
Thu, 1 Feb 2024, 7:11pm

There's growing hope across the ditch that the RBA will cut interest rates soon.

Australia's Official Cash Rate is currently at 4.35 percent, with reduced inflation data holding it in place.

Australian correspondent Murray Olds says Australia's Reserve Bank meets next week- and there's a high chance they'll reel the OCR back.

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