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Poll result: 45% of our readers wanted RBNZ to cut the OCR

Poll result: 45% of our readers wanted RBNZ to cut the OCR

We asked our readers What do you think the Reserve Bank should, rather than will, do with the Official Cash Rate at 9am on Thursday?.

They responded:

1. Cut it to 2.75%. This economy needs a boost. Inflation is not a problem. Our currency needs to drop too. Give those currency traders a fright. 45% (124 votes)

2. Leave it on hold at 3%. The retail sector is stalled. Indebted households are squeezed. No one can afford a rate hike. 32% (87 votes)

3. Hike it to 3.25%. Business confidence is rebounding. Inflation is building both overseas and here. Housing is stirring again. Act early. 23% (64 votes)

The current poll is here:

Do you agree with the Retirement Commission's recommendation that NZ extend the retirement age to 67 by 2033?

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Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

2 Comments

There's a reason we don't have politicians or populists controlling the functions of the reserve bank.

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Thats no vindication of Bollards track history,comments etc.,ae!

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