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When can we expect mortgage rates to drop?
When the Facts Change
English - November 30, 2023 16:00 - 21 minutes - ★★★★★ - 6 ratingsPolitics News Government nzpol nz politics economics nz economy bernard hickey nz business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Reserve Bank surprised everyone this week by warning it may have to raise interest rates again to force inflation down, effectively eliminating the prospect of major mortgage rate cuts over the coming summer. Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey to dig in to the RBNZ’s unexpected hawkish outlook heading into 2024.
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The Reserve Bank surprised everyone this week by warning it may have to raise interest rates again to force inflation down, effectively eliminating the prospect of major mortgage rate cuts over the coming summer. Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey to dig in to the RBNZ’s unexpected hawkish outlook heading into 2024.
Learn more about your ad choices. Visit megaphone.fm/adchoices