Shane Solly: Harbour Asset Management expert on what a drop in business confidence could mean for the OCR
New Zealand business confidence fell 2 points in August to 54 from 56 last month - and it's sparked discussion about what this could mean for the OCR.
There's speculation the cash rate could be set for an increase this Wednesday.
Harbour Asset Management's Shane Solly outlined his prediction further ahead of the next update.
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