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NZ: Another 50 bp Today, And More Yet To Come….

The Reserve Bank in New Zealand lifted the cash rate by yet another 0.5% today – and indicates more rises ahead, despite a fall in home prices.

We look at the key facts from the accompanying statement.

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Written by Walk The World

Comments

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  1. the problem is wages are not high enough for people to own or rent and run a home , so that they can go to work .
    so we are going to have inflation for a long time

  2. Hi we're from the government and we are here to tell you your standard of living is too damn high. What we propose is a managed recalibration of your expectations until you are happy with crickets and rolling blackouts.

  3. I hope the cash rate in Australia goes to 4%. I couldn’t care less, it won’t impact me or my properties long term. It’s just a short term tree shake for a year or 2. If you can’t manage it you shouldnt own a property.

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