Interest rates NZ

2022 - 11 - 23

Recession Recession

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Image courtesy of "CNBC"

New Zealand delivers its biggest-ever rate hike; Singapore inflation ... (CNBC)

Shares in the Asia-Pacific are mixed Wednesday after New Zealand's central bank delivered its biggest rate hike ever.

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Image courtesy of "New Zealand Herald"

NZ wholesale interest rates shoot higher on hawkish statement from ... (New Zealand Herald)

The Reserve Bank had previously forecast an OCR peak of just 4.1 per cent. The two-year swap rate, which has a big influence over home mortgage rates, rose by ...

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Image courtesy of "Stuff.co.nz"

Rising interest rates could add $12000 a year to $500k home loan ... (Stuff.co.nz)

Corelogic economist Kelvin Davidson said the fact this had been anticipated by the banks meant fixed mortgage rates might not move much straight away. “However, ...

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Image courtesy of "BBC News"

Cost of living: New Zealand steps up fight against soaring prices (BBC News)

The Reserve Bank of New Zealand (RBNZ) increased its key rate of interest by 0.75 percentage points to 4.25%. That was the biggest rise since the rate, known as ...

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Image courtesy of "The Guardian"

New Zealand forecasts recession in 2023 as it delivers largest rate ... (The Guardian)

New Zealand's reserve bank says spending levels still need to be reduced with rate rises, in order to tame inflation.

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