Articles In ‘Interest Rates’ Section
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 Monetary Policy Statement." He continued with "Global activity continues to [...]
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, with the number issued last month 30.4 percent lower than a year earlier. Statistics New Zealand [...]
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 for keeping the rates high have all gone however the rates have remained relatively [...]
