Mark Smith: ASB Senior Economist on next month's OCR forecast

Best of Business · Jun 26, 2026 · 3m · transcript

ASB has joined Westpac in predicting the Reserve Bank will keep the Official Cash Rate on hold next month.

The outlook has been revised after they previously predicted a hike when it's next reviewed on July 8th.

However, ASB Senior Economist Mark Smith told Heather du Plessis-Allan that it'll be another close vote to stay at 2.25%.

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