18
Reserve Bank leaves official cash rate at 5.5%
(www.rnz.co.nz)
Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general
Rules:
FAQ ~ NZ Community List ~ Join Matrix chatroom
Banner image by Bernard Spragg
Got an idea for next month's banner?
This was the expected outcome, last time to said they had "done enough" WRT rate rises.
5.5% for a year will hurt just a little, but that should be eased a little by inflation pulling back. And way less than inflation continuing to escalate without income raised to keep up.
Edit: got to check the autocorrect more closely when posting from my phone.