Finding neutral: estimates of New Zealand’s nominal neutral interest rate
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Due to New Zealanders’ high inflation expectations, the Official Cash Rate (OCR) would currently nee
time:
2024-04-15 11:42:18
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10130
Official Cash Rate (OCR) set to remain restrictive
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The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.
time:
2023-05-24 14:49:00
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49460
Higher interest rates necessary
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The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 3.5 percent to 4.25 percent.
time:
2022-11-23 10:00:00
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24312
Continued monetary tightening
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The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 3.5% from 3.0%.