TMM - News

Hawkish talk foreshadows rate rises

Wednesday 5th of July 2017

It was not long ago that banks were announcing interest rate changes frequently, if not daily. But, of late, that had changed.

Until this week when, for the first time in a while, several banks announced rate movements.

ANZ increased its one year standard and special rates by 10 basis points while BNZ upped its two year classic rate slightly.

Conversely, Kiwibank dropped it...

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