News
Interest rates remain flat, although choppy water all around
Monday 19th of September 2011
The great home loan rate sale I talked about last week may not actually happen this year. Why this u-turn? Partly it’s to do with the comments from the Reserve Bank governor last week but there are other reasons too.
Alan Bollard, as we all know and expected, left the official cash rate unchanged at 2.50% and made noise that it may stay there for longer than expected.
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