Results: New Zealand 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...
Mortgage rates trucking along as is for now
It's all looking pretty quiet on the interest rates front at the moment. While shorter-term rates are expected to fall a little further, longer-term rates are a different story.
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow suit. But growing competition among the banks is helping keeping fixed rates in check.
Just how low could the OCR go?
We're only half a percent off the RBNZ's estimated 'neutral' OCR of 3%. But with all the global volatility playing out at the moment, is there a chance it could get even lower?
With another 0.25% cut in the bag, OCR edges closer to 'neutral'
With another 0.25% OCR cut under our belts, and wholesale rates down off the back of significant global volatility, are we on track for more sub-5% mortgage rates?
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