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INTEREST RATES

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.
ASB Bank now expects interest rates to starting rising from May next year.
Interest Rates

'Turned a corner': Leading bank brings interest rate rise forecast forward

ASB Bank is now forecasting interest rates to rise from May 2022.

Watch: Newshub 6pm story
Interest Rates

Official Cash Rate holds but tipped to rise as inflation pressures mount

The Reserve Bank keeps monetary policy settings unchanged.
The Reserve Bank confirms the Official Cash Rate remains at 0.25 percent.
Interest Rates

OCR unchanged as economic outlook continues to improve

The Reserve Bank has left the current settings unchanged.

ASB bank is offering a term deposit rate of 1.75 percent for five years.
Interest Rates

Bank hikes up interest rates on term deposits

ASB bank is offering a term deposit rate of 1.75 percent.

Watch: The Reserve Bank has kept the official cash rate on hold at a record low 0.25 per cent, because it's still worried about the economy.
Interest Rates

OCR unchanged, house price growth to slow

The Reserve Bank has retained current setting on the Official Cash Rate.
ASB senior economist Nick Tuffley says the bank is forecasting the OCR to rise in August 2022 - 12 months earlier than its previous forecast.
Interest Rates

'So much quicker': The major bank expecting the Official Cash Rate to rise

A leading economist expects the OCR to rise next year.

Watch: Low interest rates are encouraging home-buying, but lending could be restricted.
Interest Rates

'A little bit of tension': Low interest rates encouraging home-buying, but lending could be restricted

"What the Reserve Bank is mindful of is that it doesn't want the housing market to overheat."