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When can we expect mortgage rates to drop?
Manage episode 386774439 series 2895797
The Reserve Bank surprised everyone this week by warning it may have to raise interest rates again to force inflation down, effectively eliminating the prospect of major mortgage rate cuts over the coming summer. Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey to dig in to the RBNZ’s unexpected hawkish outlook heading into 2024.
Learn more about your ad choices. Visit megaphone.fm/adchoices
195 episode
Manage episode 386774439 series 2895797
The Reserve Bank surprised everyone this week by warning it may have to raise interest rates again to force inflation down, effectively eliminating the prospect of major mortgage rate cuts over the coming summer. Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey to dig in to the RBNZ’s unexpected hawkish outlook heading into 2024.
Learn more about your ad choices. Visit megaphone.fm/adchoices
195 episode
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