Interest rates NZ

2022 - 10 - 5

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Image courtesy of "1 News"

Reserve Bank expected to raise official cash rate again today (1 News)

Many economists predict the central bank will hike the rate for an eighth straight time in a bid to tackle inflation.

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Image courtesy of "Malay Mail"

NZ hikes interest rates to seven-year high (Malay Mail)

WELLINGTON, Oct 5 ― New Zealand's central bank today delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their ...

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Image courtesy of "RNZ"

Reserve Bank of Australia slows pace of interest rate rises (RNZ)

RBA governor Philip Lowe said the bank's board decided it was time to slow down a little and take stock. "The cash rate has been increased substantially in a ...

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Image courtesy of "Interest.co.nz"

Reserve Bank makes it five-from-five for 50 point Official Cash Rate ... (Interest.co.nz)

It is the fifth consecutive 50 point rise as the RBNZ attempts to get on top of inflation that hit an annual rate of 7.3% in the June quarter. The OCR is now at ...

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Image courtesy of "Newstalk ZB"

NZ not expected to follow Australia on interest rates (Newstalk ZB)

New Zealand isn't expected to follow Australia, when it comes to interest rates. Economists expect the Reserve Bank to lift the OCR by another 50 basis poi.

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Image courtesy of "Reuters"

New Zealand's central bank lifts rates to 7-year high in hawkish rush (Reuters)

New Zealand's central bank on Wednesday lifted interest rates to a seven-year high and promised more pain to come as it struggles to cool red-hot inflation ...

NZ Hikes Interest Rates To Seven-year High (Barron's)

New Zealand's central bank on Wednesday delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their highest level in ...

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Image courtesy of "Newshub"

Reserve Bank continues pace of interest rate hikes with another 50 ... (Newshub)

In a statement on Wednesday, following its October monetary policy review, the RBNZ said it had raised the official cash rate to 3.5 percent - the eighth ...

NZ Hikes Interest Rates To Seven-year High (Barron's)

New Zealand's central bank on Wednesday delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their highest level in ...

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Image courtesy of "Macau Business"

NZ hikes interest rates to seven-year high | Macau Business (Macau Business)

International, MNA | New Zealand's central bank on Wednesday delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to ...

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Image courtesy of "New Zealand Herald"

'Unusually explicit' RBNZ tone points to higher mortgage rates (New Zealand Herald)

Despite delivering a 50 basis point rate hike - as expected - the RBNZ's strong statement today has economists convinced the Official Cash Rate is headed ...

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Image courtesy of "RNZ"

Official cash rate raised by 50 basis points to 3.5 percent (RNZ)

The Reserve Bank considered a jumbo-sized interest rate rise, but in the end stuck to the script as it raised its benchmark rate and signalled there will be ...

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Image courtesy of "RNZ"

Interest rate rise expected to impact homeowners' mortgages over a ... (RNZ)

Some homeowners will be feeling a heavy strain as a result of interest rate hikes, with the Official Cash Rate lifting a further 50-basis points.

"If you can't afford it, you need to look at your budget, work out what you can afford, and fix for an appropriate term. "It takes a long time for some of those government policy decisions to come through. you can afford to take the short term. "So we're in for a little bit of pain over the next year, but I do see it returning to some normality in 2024." ["Our biggest fear is that they overshoot the mark" - Loan Market director Bruce Patten duration 3:12](/national/programmes/morningreport/audio/2018861541/ocr-hike-adds-strain-for-homeowners) ["Our biggest fear is that they overshoot the mark" - Loan Market director Bruce Patten](/national/programmes/morningreport/audio/2018861541/ocr-hike-adds-strain-for-homeowners) "It will help, but the real sort of onus now is on the Reserve Bank to keep on that tightening path to make sure that the productive capacity within the economy is not as stretched as it is now.

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