The RBNZ has kept the Official Cash Rate at 5.5%, evoking limited market reaction this week. Investment Analyst Katlyn Parker talks with Heather du Plessis-Allan about the RBNZ’s announcement, along with its forecast of a growth rebound in 2024. She explains why, despite this forecast, it’s difficult to see any positives for the New Zealand economy over the next six months.
Milford on Newstalk ZB: 16 August 2023
Disclaimer: Milford is an active manager with views and portfolio positions subject to change. This blog is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a guarantee of future performance.