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![Quote](images/misc/quote_icon.png) Originally Posted by bull....
https://www.nzherald.co.nz/business/...ectid=12216816
The Reserve Bank has kept its official cash rate (OCR) on hold at 1.75 per cent, as expected, but said the next move is likely to be down.
as thought things slowing down, the gentailers look very attractive going forward , even more so later this yr when rates fall
If economic growth slows down further, that'll have far reaching impact on company's profitability and therefore affecting free cash flow too.
I would be careful buying at these elevated levels.
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