Results: Interest Rates
Jobs growth in New Zealand has hit a roadblock
Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since...
Inflation's backing down, but it's still got a way to go
If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 p...
Interest rates expected to slide by the end of the year
The changes that the Reserve Bank will make its first cut to the official cash rate before the end of this year is rising — and he...
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?
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.
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.
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.
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