Results: New Zealand Economy
Next OCR verdict expected to tip one-year rates to down around 4.50%
Next week's OCR announcement is expected to bring either a 0.25% or 0.50% reduction—which should be enough to get the one-year rat...
Interest rates set to drop as GDP result sparks calls for 0.5% OCR cut
Our latest GDP numbers caught everyone off-guard. And with some now calling for a 0.5% OCR cut on 8 October, interest rates are ex...
GDP back in the red—strengthening case for October OCR cut
Every few days, it seems, we’re being hit with a fresh wave of weak economic data—with the latest being the June 2025 quarter GDP ...
Opposing forces leave OCR outlook uncertain
On the one hand, the NZ economy still isn't in great shape. On the other, offshore uncertainty is causing concern around the future of inflation. So, what does that mean for the OCR in the coming months?
Reserve Bank hits the pause button, holding the OCR at 3.25%
The RBNZ hit pause on rate cuts on 9 July—holding the OCR steady at 3.25%—citing signs of life in the economy, and overseas factors causing concern.
Mortgage rates trucking along as is for now
It's all looking pretty quiet on the interest rates front at the moment. While shorter-term rates are expected to fall a little further, longer-term rates are a different story.
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow suit. But growing competition among the banks is helping keeping fixed rates in check.
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