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'Still be tight': ASB Chief Economist predicts another close vote for OCR decision

Author
Newstalk ZB,
Publish Date
Mon, 6 Jul 2026, 9:17am
Photo / File
Photo / File

ASB's latest outlook says New Zealand's economic recovery is back on track.

Inflation is expected to hit 4.1% in Q2, but the bank says the overall economic picture as "markedly improved".

ASB Chief Economist Nick Tuffley told Mike Hosking that, "We do think it will still be tight, but we do think that the Reserve Bank will lean on remaining on hold."

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