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4% Unambiguously Above Neutral OCR Level

RBNZ

Orr notes an OCR of 4.00% would be unambiguously above the neutral level of interest rates and would allow the RBNZ to fulfil its mandate, while outlining a desire to get back to a state of watching worrying and waiting when it comes to monetary policy.

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Orr notes an OCR of 4.00% would be unambiguously above the neutral level of interest rates and would allow the RBNZ to fulfil its mandate, while outlining a desire to get back to a state of watching worrying and waiting when it comes to monetary policy.