Mortgage News

What the economists said

Thursday 12th of December 2013

ASB:
The RBNZ kept the RBNZ on hold at 2.5% as expected.  Heading into the MPS was a lot of focus on whether the RBNZ would validate a general, but fraying, consensus that the OCR will first increase in March next year.  Markets had increasingly priced in a chance of an OCR increase in January.  In contrast, we saw the risks to our own March view as skewed...

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