Kiwis Get Another Rate Cut: But Will Home Prices Respond?

New Zealand has been on a more aggressive monetary policy path, having pushed rates high enough to create a recession, then cut them again after starting its easing cycle in August lowering the OCR by 225 points including another 25 basis points today, making the RBNZ one of the most aggressive rate cutters among its peers Compare this with the Federal Reserve who has paused this year after 100 points of reductions in the final months of 2024, or the Reserve Bank of Australia who has cut by only 50 points, but did not lift rates so high in the […]