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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Is interest rate relief on the horizon?
According to bank economists, rate falls are now pretty much a given by November—but ahead of our next OCR announcement, on 14th August, there's a growing argument it could happen even sooner.
Inflation tracking as hoped, market still anticipating OCR fall in November
Weak economic data continues to pour in, and with the latest inflation figures coming in lower than expected, it looks increasingly like interest rate falls are on the cards for late 2024
Despite no change to OCR, signs suggest we're edging closer to rate falls
The OCR has remained unchanged this week, but it's not all bad news as the RBNZ shares its prediction that inflation should be back within its target range by late 2024.
Market changes its tune on future of interest rates amid weak economic data
The numbers all point to recession, and now the market is increasingly expecting rate falls by the end of the year. So, what will the RBNZ do at next week's OCR announcement?
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New Zealand
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New Zealand
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