The next Reserve Bank of New Zealand (RBNZ) change to the Official Cash Rate (OCR) will be a cut
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Inflation proving stubborn but weighed against risks of unacceptable economic downturn...
Will the Reserve Bank of New Zealand's next move to the Official Cash Rate (OCR) be a HIKE or CUT from the August 2023 OCR of 5.5%?
Resolves YES if the next move is a cut
Otherwise resolve NO
*Note: the next move might not happen for a while. Maintaing the current rate will push out resolution date of this question.
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