Mortgage News

Reserve Bank's 'fine balance'

Friday 1st of April 2016

Pity the Reserve Bank.

On one hand, it has households racking up more and more debt and migration pressures building on house prices.

On the other, tanking inflation expectations and actual inflation at record lows.

Should it cut to boost inflation, or hike to slow the borrowing?

Economists say it's a fine balance but more interest rate cuts are on the horizon.

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