Nick Tuffley: ASB Chief Economist ahead of today's OCR announcement
Economists say pausing the OCR could be prudent as we wait to find out more about the state of global trade. The Reserve Bank will make a call today on whether to cut the Official Cash Rate for a seventh consecutive time or hold it steady at 3.25%. There's much to consider, including uncertainty about the US tariffs. ASB Chief Economist Nick Tuffley told Heather du Plessis-Allan we'll have more information next month about inflation and inflation expectations. He says hopefully all the trade deadlines will be dealt with and we'll have more clarity about what tariffs countries face. LISTEN ABOVE See omnystudio.com/listener for privacy information.