Reserve Bank governor Adrian Orr appeared indicate on Tuesday that he believed the assumption that [an OCR increase on Aug 18] was a done deal might be premature.

https://www.stuff.co.nz/business/125956034/anz-and-bnz-tip-ocr-to-hit-1-by-yearend-after-record-drop-in-unemployment The Reserve Bank would be well aware it might have to turn around and cut the OCR again next year, Zollner said. “There’s a lot of things that could go wrong with the Covid Delta variant for example. That …

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