West Coast Property Investors' Association

westcoast@nzpif.org.nz

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OCR is being held at 0.25 percent 24-09-2020

The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee’s inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.

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West Coast Property Investors' Association

Email: westcoast@nzpif.org.nz

Postal Address:
P O Box 559, Greymouth