News

Expect more interest rate increases

Tuesday 22nd of April 2014

Mortgagerates.co.nz’s latest survey of economists found they all expect the Reserve Bank to move the rate by 25 basis points again, which would take it to 3%.

That would likely spur further increases in floating rates, which have lifted since the rate first moved in March.

But they are split in their views on how many more increases there could be this year.

ASB an...

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