Kiwi’s Yet To See Higher Rates Thanks To Migration?

Digital Finance Analytics (DFA) Blog

Nov 29 2023 | 00:12:58

00:00 / 00:12:58

Show Notes

The Reserve Bank’s Monetary Policy Committee held the Official Cash Rate at 5.5% Wednesday in Wellington. This was as expected by most economists. But the central bank has been spooked by stronger near-term growth that’s being driven by the return of international students and immigrants after the pandemic. As a result, there was a significant surprise, raising its forecasts for the OCR — implying a greater chance of an increase — and predicting no reduction until mid-2025. This was the final policy meeting of the year and said it will hike them in 2024 if inflation doesn’t decelerate fast enough. […]

Other Episodes

Episode 0

January 11, 2021 • 00:33:30

Its Edwin’s Monday Evening Property Rant! [Podcast]

The latest from our Property Insiderhttps://www.ribbonproperty.com.au/ 0:00 Start1:45 Property Listings4:59 Fear Of Missing Out15:28 “Buy Now Pay Later RE Fees”22:15 Why Chinese Buyers Are...

Episode

April 26, 2026 • 00:14:04

Will “The Perfect Storm” Hit The Property Market?

The Australian property market only goes one way, if you believe the Real Estate Agents, the online spruikers, and even many ordinary households as...

Episode 0

July 08, 2023 • 00:38:23

Another Visit Down The Rabbit Hole: On Inflation [Podcast]

I go down the rabbit hole with George to discuss inflation, what really caused it and what needs to be done to fix it....