this post was submitted on 03 Jul 2023

9 points (100.0% liked)

Aotearoa / New Zealand

1651 readers

5 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

For politics , please use [email protected]
Shitposts, circlejerks, memes, and non-NZ topics belong in [email protected]
If you need help using Lemmy.nz, go to [email protected]
NZ regional and special interest communities

Rules:

Don't be a dick

FAQ ~ NZ Community List ~ Join Matrix chatroom

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 1 year ago

MODERATORS

[email protected]

[email protected]

9

interest rates heading up... (www.1news.co.nz)

submitted 1 year ago by [email protected] to c/[email protected]

9 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 1 year ago

Yes I'm not running from memory but I believe the RBNZ said one more rise then they will hold it for a while. So banks are anticipating that they will fall over the longer term (funny how we consider 5 years long term).