Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!

April 10, 2024 00:07:35
Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!
Digital Finance Analytics (DFA) Blog
Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!

Apr 10 2024 | 00:07:35

/

Show Notes

The latest decision from the New Zealand Monetary Policy Committee was released on Wednesday, which was to leave the cash rate at 5.5%. Their key messages were little changed since the February MPS, showing little hurry to change current restrictive settings despite overall CPI inflation expected to fall below 3% this calendar year. Upside short-term risks to the inflation outlook were largely downplayed, with the RBNZ expecting sub 3% inflation later this year. Despite the economic outlook evolving broadly as expected and inflation on a cooling trend, the RBNZ chose to defer any decisions on when to pivot to an […]

Other Episodes

Episode

June 23, 2024 00:13:43
Episode Cover

More Migration Madness!

High migration is putting pressure on home prices and rents, and lifting the demand for more infrastructure, and diluting the GDP per capital (share...

Listen

Episode 0

November 12, 2023 00:06:45
Episode Cover

Housing Affordability Stinks...

We look at the latest analysis of housing affordability, based on a range of data, and conclude that it has rarely been worse. In...

Listen

Episode 0

June 11, 2023 00:24:14
Episode Cover

Just Don’t Look Down! [Podcast]

U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the...

Listen