Will the share market cope with OCR hikes?

Investors have already been bracing for higher interest rates (Image: Unsplash)

Mon, 26 Jul 2021

For more than a year, equity markets in New Zealand and around the world have been supported by extremely accommodating central bank policies designed to stave off an economic downturn.Now it looks as though the Reserve Bank of New Zealand is willing to be the first nation in the OECD to call time on emergency policy settings.The central bank ended its large-scale asset purchase programme – also known as quantitative easing or ‘money printing’ – last Thursday and many economists are calling for it to raise the offic...

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