Strong growth and a booming housing market mean that HSBC now expects the Reserve Bank to hold off on an OCR cut until August.
It’s been described as a no surprises, boring Budget, but what might Budget 2016 mean for interest rates?
Reasons for the Reserve Bank not to cut the OCR in June are compelling but it’s a guessing game, according to some economists.
Low inflation expectations are feeding OCR projections of a June cut, but it’s still possible other factors may edge that timing out.
New macro-prudential measures to curb the housing market could be introduced within the next three months, one bank economist has suggested.
Lender credit fees precedent established after Supreme Court dismisses Motor Trade Finances Ltd (MTF) appeal.