
Mortgage News
RBNZ signals rates hikes coming
Thursday 28th of July 2011
In his OCR statement today he said: "Provided current global financial risks recede and the economy continues to recover, the bank sees little need for the March 2011 "insurance" cut to remain in place much longer."
In March the bank made an emergency cut of 50 basis points in response to the Canterbury earth quakes and described the move as "insurance" against a possible col...
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