RBNZ OCR Remains at 2.50%
27 October 2011
The RBNZ has just announced the Official Cash Rate (OCR) will remain at 2.50%. This was widely expected. The next OCR decision is on 8th December. The OCR has been at 3.0% or below since March 2009 – it is highly likely to remain at 2.50% for at least the next several months.