OCR it's getting closer 2, 3.

The market holds it breath gasping in anticipation of a cut in the OCR on 20 Feb 2025 the forecast is a definate 50 basis point cut.

The cut will help debitors and penalise savers. It won't solve all the problems, of which there are many, one being over priced, over bought,over speculated, over built and the greed that caused huge distortation in property and stock market. Prices are now way off the peak of 2021 as at Feb 2025.

The governor of the RSBNZ is to be applauded, in his efforts in getting the economy, the property market back on tract. Its going to take awhile by Dec 2025 prices maybe more realistic bargins are to be had as the year progress.

In Summary the OCR is heading slowly down to 2, 3% or below in 2025 as the economy grasps at the NEW REALITIES.

Author

Gerald Mullaney