Too Late! Kiwis Get Another Large Rate Cut, With More To Come...

Digital Finance Analytics (DFA) Blog

Oct 10 2024 | 00:10:33

00:00 / 00:10:33

Show Notes

Poor Kiwi’s have been hit by some of the highest interest rates in the western world, thanks to the aggressive OCR hikes from their Central Bank, as high migration stoked inflation, but still saw a recession. Then the RBNZ turns turtle and started to cut rates, as migration started to fall, along with home prices, and now they have another rate cut to contend with, as the economy remains weak, and international factors could push inflation higher again. All up New Zealand’s economy has stalled, unemployment is rising and house prices are falling as the prolonged period of high borrowing […]

Other Episodes

Episode

April 17, 2024 • 00:12:47

The Sticky Inflation Problem Will Bite Hard!

US Federal Reserve chairman Jerome Powell has confirmed fears that interest rate cuts in the US would be later rather than sooner as inflation...

Episode

March 02, 2024 • 00:22:45

The AI Craze Continues...

In our weekly market update once again, the Nasdaq Composite and S&P 500 reset their record intraday and closing highs as tech shares continued...

Episode

November 27, 2025 • 00:16:34

Banks’ Home Lending Mobbed By A Wet Lettuce (Again)!

As I have been highlighting, lending for mortgages has been growing way faster than inflation, including for investor borrowers, and this is first lifting...