Results: Global Economy
Rates nearing the bottom—is now the time to think about fixing longer-term?
We're either at—or very near—the bottom of the interest rate cycle. And now that we're starting to longer-term rates out there bel...
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...
Predictions for NZ interest rates and the OCR in 2025
After a tough few years, we're on the slow road to recovery—and things should continue to look up in 2025. Here are our predictions on interest rates, the OCR, economy and housing market for next year.
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 the middle of last year. So will this weakening in the labour market continue?
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 still highly likely that the Reserve Bank will cut interest rates this year rather than the middle of 2025 as indicated..
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?
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