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

February 21, 2022 • 00:55:17

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

My latest with Edwin Almeida, in a thunderstorm. Which is up and which is down? https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at...

Episode

November 25, 2021 • 00:21:25

In This Inflationary World, Where Are The Digital Chips Falling? [Podcast]

In today’s show we look at some the latest developments in the digital finance space against the latest economic news. First American consumers —...

Episode

February 08, 2024 • 00:08:09

Is Negative Gearing The Next Target?

Interesting to see the momentum now turning to discussion of whether the Government intends to tackle negative gearing having U-turned on the tax cuts....