Article tagged with 'inflation'
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Re-fixing holdouts may have had the right strategy as RBNZ turns dovish
21 Aug 2025 - Mortgage holders who have been hanging out on short-term fixed rates, hoping that longer-term rates still had further to fall, may be proven to have had the right strategy.
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RBNZ cuts OCR to 3%, sees it bottoming at 2.5% in the March 2026 qtr
20 Aug 2025 - The Reserve Bank is expecting higher inflation and unemployment and lower economic growth and is also expecting to cut its official cash rate (OCR) twice more to bottom out at 2.5%.
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OCR needs a deeper drop to get economy going
18 Aug 2025 - This week’s expected OCR by the RBNZ and a signal it will make another is not going to be nowhere enough to dig the economy out of its hole.
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Further cuts to OCR might be forced on RBNZ
05 Aug 2025 - With about 40% of existing mortgages due to roll over in the next six months and another 10% on floating rates, now could be the best time for those borrowers. That’s because Kiwibank is predicting the RBNZ will be forced to cut interest rates more than either it or the market currently expects, due to weaker economic data both here and overseas.
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Green light burning brightly for August interest rate cut
22 Jul 2025 - Another cut to the OCR next month is now as close to a done deal as can be the case, the BNZ says.
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New RBNZ survey can’t be music to its ears
22 May 2025 - Businesses across the country expecting to thrive in 2025 are still in a big hole, down in the dumps and it is showing in a big new survey by the RBNZ.
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Switching banks takes a huge chunk of mortgage money
30 Jan 2025 - Nearly a quarter of all mortgages loaned in December went to borrowers switching banks – an increase of 94.8% over a year.
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RBNZ warns interest rates unlikely to return to pre-covid levels
30 Jan 2025 - Reserve Bank chief economist Paul Conway has added his voice to those warning that interest rates, and therefore mortgage rates, aren't likely to return to pre-covid levels.
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Outlook for 2025: How about no landing?
15 Jan 2025 - For much of the past few years, there has been an ongoing debate about whether the US was going to experience a ‘hard landing’ or a ‘soft landing’. Back in the tail end of 2023, the mainstream view was an eventual ‘hard landing’ – the economy under pressure from elevated levels of inflation would be forced into a recession, borne down by the weight of the rate hikes necessary to curb that inflation.
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Business leaders expect quicker inflation drop
09 Aug 2024 - Inflation expectations have fallen on all of the horizons the RBNZ monitors.