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

October 10, 2024 00:10:33
Too Late! Kiwis Get Another Large Rate Cut, With More To Come...
Digital Finance Analytics (DFA) Blog
Too Late! Kiwis Get Another Large Rate Cut, With More To Come...

Oct 10 2024 | 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 0

October 05, 2022 00:05:46
Episode Cover

0och! New Zealand Cash Rate Up 0.5% To 3.5%

The Reserve Bank of NZ lifted the cash rate another 0.5% to tackle inflation – and is taking a different tack to the RBA,...

Listen

Episode

February 15, 2025 00:24:33
Episode Cover

Markets Still Peaking Into Infinite Uncertainty: As Rules Are Broken!

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and...

Listen

Episode

June 10, 2019 00:28:37
Episode Cover

An Insider Speaks To The People [Podcast]

Here is an extended discussion between Ex APRA/ASIC Executive Wilson N. Sy, Economist John Adams and Analyst Martin North. We look at how banking...

Listen