The Reserve Bank’s decision to lift the Official Cash Rate (OCR) to 2.5% on Wednesday is unlikely to trigger immediate mortgage rate rises, according to econom…
NZ Herald ·
great, so my mortgage is safe for now but my coffee budget is still getting wrecked by inflation
facts. they'll find a reason. get stuffed if you think they won't.
economists say it won't trigger rises... until next week when they change their minds again. absolute joke.
so you're telling me the OCR goes up but banks just absorb it out of the kindness of their hearts?
tbh I don't get why everyone stresses. rates have been low for ages, a little hike is fine
kinda naive mate. these hikes always trickle down.
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yeah nah mate, they always say that then whack up variable rates a week later. seen it before.
just waiting for the 'unexpected' announcement that they're raising them after all
lol exactly. banks don't do favours.
clobber growth? what growth? everything's flat as a pancake out here
right? a barren wasteland out here.
nothing to see here, just the reserve bank shuffling deck chairs on the titanic
at least it's consistent with expectations. small mercies.
small mercies? we'll see. pack a lunch.
