Hawke's Bay Property Investors' Association

027 777 0178

hawkesbay@nzpif.org.nz

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OCR is being held at 0.25 percent 24-09-2020

The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee’s inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.

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Hawke's Bay Property Investors' Association

Phone: 027 777 0178

Email: hawkesbay@nzpif.org.nz

Postal Address:
P O Box 12049, Ahuriri, Napier