Changes are looming for the Reserve Bank and that has pushed OCR decisions into the background – despite a pending announcement next week.
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Outgoing Grant Spencer calls debt servicing ratios “natural complement” to existing system
Economists at Kiwibank have revised their forecast for the Reserve Bank’s OCR rate hike, changing their prediction from November this year to May 2019.
Top economists say rate could rise in November — or be cut this year.
Bluestone chief executive Campbell Smyth expects stronger funding after Asia-Pacific operation sold to Cerberus.
This week we have seen a little movement in home loan rates, but we would have to stress it is only little. With the Reserve Bank loosening, ever so slightly, its LVR restrictions it will be interesting to see if that generates a little more activity from lenders.