Results: Global Economy
RBNZ drops OCR to 3.00%—and it's not done yet
And just like that, we're back at 3.00%—but in a somewhat unexpected twist, the RBNZ has signaled significant OCR cuts still to co...
Banks preemptively cut one- and two-year rates ahead of OCR verdict
We're a week out from our next OCR announcement, but the banks are already making moves—with all major lenders having dropped thei...
Another 0.25% cut expected—but will the RBNZ signal more in the pipeline?
Wholesale interest rates have fallen over the last few days in response to market expectations of a 0.25% cut on 20 August—but mor...
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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