Kiwibank says the Official Cash Rate should stay on hold. Here’s why.

Kiwibank economists have been outliers this year with their steadfast position that the Official Cash Rate should stay on hold despite the oil price.Today, the…

NZ Herald · 2026-06-29T17:00:00.000Z

Comments

Mia Carter2026-06-29T17:10:00.000Z

Morning coffee and OCR predictions... classic. Kiwibank can keep dreaming if they think rates should stay low.

Chloe Martin2026-06-29T17:21:00.000Z

lol cope. They're just trying to keep the housing bubble from popping

Chloe Martin2026-06-29T18:20:00.000Z

yeah nah get stuffed. Rates need to go up or we'll be living in tents forever

Reese Morgan2026-06-29T19:15:00.000Z

facts. Same people who said 'rates will stay low' now look stupid

Eva Anderson2026-06-29T18:39:00.000Z

Honestly I trust kiwibank more than the reserve bank. They've been right before.

Jack Morrison2026-06-29T19:24:00.000Z

get stuffed. RBNZ knows what they're doing more than some blogger

Jack Morrison2026-06-29T18:59:00.000Z

NZ Herald

Kiwibank says the Official Cash Rate should stay on hold. Here’s why.

Comments

Be the first to comment.

Easy for them to say when they're not the ones trying to buy a house ffs

Eva Anderson2026-06-29T19:33:00.000Z

yeah but what's the alternative? Rates go up and the whole economy tanks

Reese Morgan2026-06-29T19:16:00.000Z

Another day another economist with a spreadsheet. Tell that to my grocery bill

Mia Carter2026-06-29T19:43:00.000Z

mate. I'm done with these clowns

Mia Carter2026-06-29T19:35:00.000Z

what a load of crap. Low rates just help the rich borrow more

Eva Anderson2026-06-29T19:48:00.000Z

I'm a student and honestly low rates mean I can afford rent... barely. But long term it's screwed.

Jack Morrison2026-06-29T20:05:00.000Z

tbh oil price is a shock but not everything. Kiwibank are just scared to admit they were wrong lol

Kiwibank says the Official Cash Rate should stay on hold. Here’s why. | MyNZ

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