Sharon Zollner: ANZ chief economist on the Official Cash Rate announcement

Feb 23, 2021 · 3m 7s
Sharon Zollner: ANZ chief economist on the Official Cash Rate announcement
Description

The Reserve Bank is tipped to wait two years before changing the Official Cash Rate. It's making an announcement at 2pm, along with a Monetary Policy Statement. ANZ chief economist,...

show more
The Reserve Bank is tipped to wait two years before changing the Official Cash Rate.
It's making an announcement at 2pm, along with a Monetary Policy Statement.
ANZ chief economist, Sharon Zollner, told Kate Hawkesby the central bank's using unconventional tools like buying bonds, quantitative easing, and funding for lending, which are a lot easier to get into, than get out of.
She says they complicate things and lengthen the amount of time the Reserve Bank takes to change the OCR.
Zollner says it will be thinking about early 2023, but probably isn't willing to put a date on it.
LISTEN ABOVE
show less
Information
Author NZME
Organization NZME
Website -
Tags
-

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search