Economists expect Thursday's Monetary Policy Statement to have a downbeat tone and for the Official Cash Rate to be kept at 2.5% until "the middle of 2010". Read what economists from six banks are forecasting here.
There have also been no mortgage rate changes this week.
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.
New Zealand
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New Zealand
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