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Results: Interest Rates

21 February 2024

Why there's no need to increase the official cash rate

One major bank’s forecasters have predicted that the Reserve Bank will raise their current 5.5% official cash rate to 6.0% in the ...

07 February 2024

Reserve Bank still strongly opposed to big reductions in interest rates

The Reserve Bank still appears to remain staunchly opposed to any sizable reductions in mortgage interest rates. That said, it is ...

View of man's shoes on  tall ladder, looking down at city
29 January 2024

Inflation still too high for monetary policy to ease

Even though the December inflation numbers came out lower than expected, at 4.7% it is still too far way from the 1% - 3% target r...

18 October 2023

Once bitten, twice shy

While the annual inflation rate came in lower than anticipated at 5.6%, the Reserve Bank is unlikely to ease monetary policy anytime soon — and until wage growth heads back down to 3.5%, they may not even consider it. So what does this mean for Kiwi?

Four kids peeking outside playhouse cautiously
23 August 2023

Two giants and their impact on NZ

The Reserve Bank has kept the official cash rate at 5.5%, but the outlook on interest rates is still clouded. And now, the future of our housing market might be shaken up by two giants from the other side of the globe: China, and the U.S.

Person holding a globe
03 July 2023

A shift in inflation forecasting

As one who has been around for three and a half decades commenting on the New Zealand economy and observing offshore markets, I’ve learnt that surprises never stay pointing in the one direction. A key aspect of markets is that they are adaptive.

Car interior, gear stick
22 June 2023

Mortgage rates stay high for the foreseeable future, as global inflation worries continue

Weak exports, household spending lessen chances of another official cash rate hike, but inflation, migration, and fiscal policy changes may delay a rate cut until well into 2024.

Young girl looking at a globe