OCR Stays At 2.5 percent

The latest news this morning from the Reserve Bank is that the OCR is unchanged and remains at 2.5 percent Alan Bollard, the Reserve Bank Governor said:  “The outlook for the New Zealand economy remains consistent with the projections underlying the December...

Good News Thursday

We expect to keep the OCR at or below the current level through until the latter part of 2010. The OCR could still move modestly lower over the coming quarters.” – Alan Bollard “Dwelling consent numbers fell in seasonally adjusted terms in March,...

When will the rates come down

2009.05.05 04:16:35 I am getting into micro blogging. It’s way more fun than traditional blogging and a lot less time consuming. So expect shorter posts….lol. Today I am wondering when the long term interest rates will come down. The excuses the banks use...