Money Mail 69 - The OCR - The Official Cash Rate

Published: Sept. 10, 2021, 5:01 a.m.

b'Recently, we looked at who the Reserve Bank are and this week we are going to look at one of the levers that they pull. Well, the Official Cash Rate or OCR is the interest rate set by the Reserve Bank. It is a lever they pull to support \\u2018maximum sustainable employment\\u2019 and \\u2018price stability over the medium term\\u2019.

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