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The $50 billion idea that will push down home loan rates

Friday 23rd of October 2020
The FLP is a new tool in the RBNZ's armoury to help the economy through the Covid crisis.
In their latest piece of analysis, ANZ economists, led by Sharon Zollner, suggest the FLP could be as large as $30 billion-$50 billion, and believe the Reserve Bank will go big to ensure the scheme succeeds.
The FLP will help mortgage rates go "meaningfully lower"...
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