RBNZ Governor Hawkesby: Central projection for OCR to fall to around 2.50% by end of year

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Reserve Bank of New Zealand Governor Christian Hawkesby will provide brief remarks at the Financial Services Council’s annual conference: says the central projection for the OCR is to fall to around 2.50% by the end of the yearbut that could occur faster or slower depending on how the economic recovery evolvesRBNZ faces a test of trust and confidence in "us as an organisation"speed of New Zealand’s economic recovery will influence the future path of the Bank's cash rate (OCR) This article was written by Eamonn Sheridan at investinglive.com.