
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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