absGeekNZ to Aotearoa / New Zealand · 1 year agointerest rates heading up...www.1news.co.nzexternal-linkmessage-square9fedilinkarrow-up19arrow-down10
arrow-up19arrow-down1external-linkinterest rates heading up...www.1news.co.nzabsGeekNZ to Aotearoa / New Zealand · 1 year agomessage-square9fedilink
minus-squaresylverstreamlinkfedilinkarrow-up2·1 year agoLonger term rates are still lower than short term which is quite unusual. So I guess they expect rates to come down.
minus-squareDaveMAlinkfedilinkarrow-up2·1 year agoYes I’m not running from memory but I believe the RBNZ said one more rise then they will hold it for a while. So banks are anticipating that they will fall over the longer term (funny how we consider 5 years long term).
Longer term rates are still lower than short term which is quite unusual. So I guess they expect rates to come down.
Yes I’m not running from memory but I believe the RBNZ said one more rise then they will hold it for a while. So banks are anticipating that they will fall over the longer term (funny how we consider 5 years long term).