When can we expect mortgage rates to drop?
Kiwibank’s Jarrod Kerr joins Bernard to discuss the Reserve Bank’s November monetary policy statement, and what it means for Aotearoa in 2024.
November 30, 202322m 6s
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Show Notes
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.
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