An analyst's not expecting the Official Cash Rate to drop into the negative today
An analyst's not expecting the Official Cash Rate to drop into the negative today
13 May 2020
The Reserve Bank's confirming the latest OCR today... after slashing it to 0.25 per cent in March.
Mark Lister from Craigs Investment Partners isn't expecting a change.
He says dropping it is a tool they could use in the future, but thinks it's more likely the Reserve Bank will focus on quantitative easing.
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