Official Cash Rate in Podcasts
conceptThe Official Cash Rate is the interest rate set by the Reserve Bank of New Zealand.
Mentions Over Time
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Mentions in Podcasts
Global share markets have pushed higher and odds for hikes in the official cash rate, the OCR, have fallen back a little bit.
And yet the OCR, the official cash rate, the Reserve Bank's interest rate, has been slashed from 5.5% all the way down to 2.25%.
Kelvin, I think we'll briefly revisit the monetary policy review later on, now that we've had a few more days to digest it and track the market reaction to that decision to hold the cash rate at 2.25%.