The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.

The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.

NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.

LISTEN ABOVE

The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.
The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.
NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on how the OCR announcement will impact mortgages

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/96fc8749-f9bc-4bd9-8f89-b4f10073043b/transcript