New Zealand Rates Held Higher For Longer As Hawks Fly!

May 22, 2024 00:09:02
New Zealand Rates Held Higher For Longer As Hawks Fly!
Digital Finance Analytics (DFA) Blog
New Zealand Rates Held Higher For Longer As Hawks Fly!

May 22 2024 | 00:09:02

/

Show Notes

The Reserve Bank of New Zealand left the Official Cash Rate at 5.5% on Wednesday, saying that Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Their statement on Monetary Policy had a decidedly hawkish tone, signalling rate cuts will be delayed until around August 2025, which is implying that markets are pricing cuts about 12 months too soon. This is important as we will see, later. And folks, 5.5% is significantly higher than the weaker 4.35% in Australia, suggesting that we could be facing higher for longer too. The report said […]

Other Episodes

Episode 0

September 01, 2022 00:11:41
Episode Cover

Exposing The Secret Life Of John Adams! [Podcast]

John Adams is a complex creature, and there is much to tell about his recent quest. Having delivered “the package” which is potentially life-changing,...

Listen

Episode

February 21, 2025 00:15:24
Episode Cover

Kiwis Get Another Mega Rate Cut, As Inflation Sits In Band!

Would you prefer to be living in New Zealand or Australia? The New Zealand story on monetary policy and home prices is a million...

Listen

Episode 0

August 16, 2023 00:09:10
Episode Cover

The New Zealand Cash Rate Is Held, But No Rate Cuts Can Be Expected Yet!

An in-depth look at New Zealand, as the Reserve Bank holds rates at 5.5% and underscores the need to hold rates higher for longer....

Listen