OCR review: Will the Reserve Bank's dovish pivot see mortgage and ...

10 Jul 2024

10 Jul, 2024 06:01 PM4 mins to read

Wide gap between the sentiment of the market and the Reserve Bank, including Governor Adrian Orr, narrows following Wednesday's monetary policy review. Photo / Mark Mitchell

OCR - Figure 1
Photo New Zealand Herald

Wide gap between the sentiment of the market and the Reserve Bank, including Governor Adrian Orr, narrows following Wednesday's monetary policy review. Photo / Mark Mitchell

ANALYSIS

Trying to make financial decisions in the current environment is a tough, if not anxiety-inducing, task.

In late-May, the Reserve Bank (RBNZ) said it was still very worried about high, domestically-driven inflation.

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