A future cut to the Official Cash Rate could come down to Coronavirus
A future cut to the Official Cash Rate could come down to Coronavirus
13 February 2020
The Reserve Bank's held the OCR at one percent.
The economic impact of Covid-19 still looms - and Governor Adrian Orr says they assume parts of our economy will feel the pinch short-term.
ASB Chief Economist Nick Tuffley says an OCR cut may be on the cards in time - but only if the outbreak worsens.
He says there are early signs the rate of infection is slowing - which is encouraging for the Reserve Bank's view.
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