Three decades of falling interest rates are over
New Zealand has had a period of falling inflation and interest rates for over three decades. That period has now ended and both wi...
How the OCR could double monthly mortgage interest payments
If the official cash rate gets raised from 0.25% to 2.25%, we can anticipate that the one-year fixed rate to go from the current 2...
OCR remains unchanged, RBNZ to keep monetary policy steady
There's no reason for strongly believing that we face a future of sustained high inflation which will require an interest rate cru...
Record low rates will one day end
Let’s have a look back at the year and what has happened in the area of interest rates, and where things are likely to go.
Structural falls in interest rates are almost over
You might think that as an economist I tell people what I think is going to happen. There are certainly elements of that, and generally that is what people look for. But the way to do this is remind people about the long-term underlying forces in play.
What happens with negative interest rates?
Two weeks ago, the Reserve Bank made a point of noting that they are actively examining how a negative interest rates policy might work.
Is New Zealand's OCR heading below zero?
In recent months there’s been a good deal of speculation that New Zealand's Office Cash Rate (OCR) might drop below zero next year. It's already sitting at 0.25% and it’s expected to move downwards to stimulate activity in the economy.