Goldman Sachs chief New Zealand economist Andrew Boak
says the Reserve Bank of New Zealand to increase the OCR to 2% in February 2019
- "We view the rise in New Zealand inflation as consistent with New Zealand's late-cycle growth story - featuring a positive output gap, full employment, rising wages, and the weaker NZ dollar"
- "there is little case for a near-term rate hike, we believe the market is underestimating the probability of a rate hike in [the first half of 2019.]"
