News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Reserve Bank engineers pessimism
Mainstream and social media have been filled with many negative comments about people’s personal financial situation and the risk of losing one’s job, but was this engineered by the Reserve Bank?
Have we seen the full impacts of tightening monetary policy yet?
The discussion amongst central bankers around the world is shifting away from strong statements regarding the need to get rates higher very quickly, and towards reminding people that monetary policy operates with lags.
Monetary policy tightens its grip on the economy
In the financial markets and amongst people buying and selling assets such as shares, panic can sometimes arise quite quickly and lead to big price changes before the sane voices start to be heard over the roars of anguish.
An unwelcome inflation surprise
Inflation is unfortunately failing to fall as quickly as anticipated here in New Zealand and that means interest rates have more work to do to restrain the pace of growth in our economy and get inflation down.
