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Economic Weekly: Keep Calm and Carry on Cutting

  • Every piece of NZ data gets viewed for what it means for the size of the RBNZ’s next OCR cut: does it add weight to the case of a 25, 50 or even a 75bp cut?
  • The most pivotal releases heading up to the next OCR decision are last week’s Q3 CPI release and the 6th November release of the Q3 labour data
  • The CPI release was, overall, very close to general expectations, at 0.6% qoq and 2.2% yoy

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Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.