Why one more OCR increase might not be enough

Gareth Kiernan is chief forecaster at Infometrics. OPINION: There’s no expectation that the Reserve Bank will change the official cash rate (OCR) at this week’s Monetary Policy Review, especially given that it takes place just 10 days out from the election. The Bank hasn’t changed the OCR at the last review before an election since 2008, when the Global Financial Crisis was a far bigger issue than worries that a shift in monetary conditions might change voters’ minds one way or the other. 02 October 2023 [View in Browser]( Hello and welcome to your morning briefing from Stuff, bringing you the top stories and news you'll want to read. [Why one more OCR increase might not be enough]( [Why one more OCR increase might not be enough]( [Gareth Kiernan is chief forecaster at Infometrics. OPINION: There’s no expectation that the Reserve Bank will change the official cash rate (OCR) at this week’s Monetary Policy Review, especially...]( [Is this Auckland's best job?]( [Is this Auckland's best job?]( [Ferry skipper Rob McKnight thinks he has the best job in Auckland. “I get to sit on a ferry and travel around Tāmaki Makaurau, enjoying what mother nature throws at us. Sometimes it’s a little bit...]( [Rugby World Cup: All Blacks skipper Sam Cane reveals origin of mystery back ailment]( [Rugby World Cup: All Blacks skipper Sam Cane reveals origin of mystery back ailment]( [Sam Cane has lifted the lid on the mystery back ailment that has derailed his Rugby World Cup campaign, clarifying that it was not the Captain’s run setback previously detailed by head coach Ian...]( Newsable: the news worth talking about Join Imogen Wells and Jess McCarthy for your daily dose of exclusives, analysis and fresh perspectives on news. The podcast drops each weekday from 6am on [newsable.co.nz]( or listen on Apple, Spotify or wherever you get your pods. [Listen to the latest episode of Newsable →]( [Newsable: Why the Aussie fatal mushroom case is taking so long]( [Newsable: Why the Aussie fatal mushroom case is taking so long]( [It’s been two months since poisonous mushrooms found their way into a Beef Wellington in a small Australian town, and there are still many...]( [NZ election 2023 live: Early voting opens in NZ, Hipkins has Covid]( [NZ election 2023 live: Early voting opens in NZ, Hipkins has Covid]( [Asylum seeker 'heartbroken', faces Christmas alone after being denied visa to visit family in NZ]( [Asylum seeker 'heartbroken', faces Christmas alone after being denied visa to visit family in NZ]( [An asylum seeker hoping to spend Christmas with his family in New Zealand has had his visitor visa declined because the government suspects he is...]( [Quiz: Morning trivia challenge: October 2, 2023]( [Quiz: Morning trivia challenge: October 2, 2023]( [From today you may notice the quiz is going to look a little fresh and shiny, but it should still serve up your daily serve of brain food. Enjoy.]( [Catching Covid-19 'occupational hazard' for political leaders this general election]( [Catching Covid-19 'occupational hazard' for political leaders this general election]( [Labour Party Leader Chris Hipkins is off the campaign trail and will be watching political developments for much of this week in isolation, after...]( [New cruise ship strategy to bring 28 cruise ships to Taranaki in 2028]( [New cruise ship strategy to bring 28 cruise ships to Taranaki in 2028]( [An ambitious plan to increase the number of cruise ships visiting Taranaki is aiming to get 28 of the luxury liners to visit in 2028. The target...]( Enjoying this email? [Check out Stuff's other daily and weekly newsletters](. [Rugby World Cup: The big selection calls for All Blacks coach Ian Foster after Italy rout]( [Rugby World Cup: The big selection calls for All Blacks coach Ian Foster after Italy rout]( [All Blacks coach Ian Foster has some big decisions to make as he ponders the upshot of, not just his team’s best performance of the World Cup, but close to the standard-setter of his entire era....]( [Watch Rugby World Cup 2023 on Sky Sport Now →]( [Feedback]( [Unsubscribe]( [Privacy Policy]( Stuff, 4 Williamson Ave, Ponsonby, Auckland, 1021, New Zealand