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 ...
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 ...
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...
Borrowers should concentrate on managing risk — not rate chasing
Chances are good that the official cash rate will be cut before the end of 2024 and even by the middle of next year. But should borrowers be focusing on trying to predict the ups and downs of the rates cycle?
Lower mortgage rates, or higher bank margins?
Declines in fixed interest rates in the US have fed through to some reductions in NZ’s bank wholesale borrowing costs. Will this mean lower mortgage rates for Kiwi, or will this end up as extra margin for the banks?
Mortgage rates | no spring specials in sight, what’s in store for summer?
Costs for banks to borrow money have decreased. Added with the higher lending rates they provide, can banks afford to start cutting their own lending rates?
Is another OCR hike needed to tame inflation?
Some forecasters believe the Reserve Bank will need to raise the official cash rate from the 5.5% level they took it to in May. But is another hike really as necessary as some make it out to be?