tag:blogger.com,1999:blog-7342528022617501525.post2979630521405692038..comments2024-03-28T15:05:33.781+13:00Comments on Economics New Zealand: Interesting details from the OECDDonal Curtinhttp://www.blogger.com/profile/03687495556590450225noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7342528022617501525.post-48634956780669575402015-11-11T17:43:27.750+13:002015-11-11T17:43:27.750+13:00The surprise is probably that they aren't pick...The surprise is probably that they aren't picking more of an OCR cut. Even after the OCR goes to 2.25% next year the output gap in 2017 remains materially negative and the unemployment gap doesn't narrow much. But they will have been reluctant to forecast much away from the authorities, in a country where we do publish policy rate forecasts.Michael Reddellnoreply@blogger.com