Liam Dann: NZ Herald business editor at large on the gap between the market and the Reserve Bank's views on the future of interest rates
Heather du Plessis-Allan Drive · Newstalk ZB
December 7, 20237m 11s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
A big gap has opened up between the market and the Reserve Bank of New Zealand’s views of where interest rates are heading.
The two-year swap rate - which can have a bearing on home mortgage rates - is now sitting on 5.21 percent, down from 5.78 percent earlier this year.
This goes against last week's hawkish vision regarding higher rates.
NZ Herald business editor at large Liam Dann explains why this is happening.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
businessReserve BankRBNZhousing marketproperty