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INTEREST RATES

Watch: Owning a home, or hoping to, just got more expensive after the Reserve Bank hiked the official cash rate by a quarter of a percent.
Interest Rates

'Fear out there': OCR hike concerning homeowners and those hoping to buy as banks increase interest rates

Economist Tony Alexander is warning more hikes are on the horizon.

Reserve Bank Governor Adrian Orr confirms a 25 basis point rise to the Official Cash Rate.
Interest Rates

'Morphine support to panadol': Official Cash Rate comes off record-low, jumps to 0.50 pc

The wholesale cash rate has increased 25 basis points, to 0.50 percent.

The Reserve Bank is set to review the Official Cash Rate (OCR) on Wednesday.
Interest Rates

'Closer to neutral': Cash Rate tipped to rise for first time in seven years

Two bank economists expect the Official Cash Rate to rise on Wednesday.

Watch: Finance Minister Grant Robertson responds to questions about the Reserve Bank decision to hold the Official Cash Rate and the Monetary Policy Statement.
Interest Rates

'Understandable': Finance Minister supports Reserve Bank move to keep cash rate on hold

Finance Minister Grant Robertson discusses the Reserve Bank Monetary Policy Statement.
The Reserve Bank has confirmed the wholesale cash rate remains at 0.25 percent.
Interest Rates

Official Cash Rate held at 0.25 percent amid COVID-19 lockdown

The wholesale cash rate has been left unchanged.

ASB Bank expects the Reserve Bank expected to "hold fire" on pushing interest rates up while the Government puts out support to businesses.
Interest Rates

'Blind spot': Official Cash Rate likely to go on hold due to lockdown

The Reserve Bank expected to "hold fire" on pushing interest rates up while the Government puts out support to businesses.

ASB Bank is forecasting Official Cash Rate rises in August, October and November.
Interest Rates

'Time for rates to start moving': Leading bank forecasts three cash rate rises this year

ASB is forecasting the OCR to rise in August, October and November.

Related video: An expert says the Reserve Bank won't hike interest rates massively as it'd make housing market 'fall over'.
Interest Rates

ASB predicts OCR rise next month after Reserve Bank announces unchanged rate

The official cash rate is still 0.25 percent.
Related video: Reserve Bank won't hike interest rates massively as it'd make housing market 'fall over' - expert.
Interest Rates

Reserve Bank money printing programme to come to an end, OCR on hold

"A rate hike (or four) is coming," bank economist says.