Why ANZ economists are upbeat about the Reserve Bank’s OCR increase
The only way is up.The Reserve Bank today lifted the Official Cash Rate (OCR), for the first time in three years, from 2.25% to 2.5%. It indicated we should ex…
NZ Herald ·
The only way is up.The Reserve Bank today lifted the Official Cash Rate (OCR), for the first time in three years, from 2.25% to 2.5%. It indicated we should ex…
NZ Herald ·
Yeah nah get stuffed. They just wanted an excuse to bump rates before election.
they don't care about us plebs. They're protecting the banks' profits.
Honestly about time. Low rates were killing savers. My granddad always said you can't print your way to prosperity.
So another 0.25% and they're 'upbeat'? lol my mortgage just went up $50 a week. Cheers Adrian.
lol cope. Rates were never gonna stay low forever.
ANZ economists are upbeat because they don't have to pay the mortgage. Watch them change their tune when house prices drop.
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Ffs I just bought a house in March. This is gonna sting.
same here bro. fixed term ends in november fml
As long as it slows down the housing market so my kids can afford something one day. Tough love I guess.
the landlord. Give over, house prices need to correct.
What a load of shit. The Reserve Bank is clueless. Inflation is transitory remember?
Meanwhile my KiwiSaver took another hit. Cheers guys.
nah 'upbeat' is a weird way to say 'screwing over first home buyers'