Dissension in the RBNZ ranks

Update: 2025-05-29

Description

The Reserve Bank cut the Official Cash Rate this week, as expected, but one of the six members of the bank’s rate setting committee voted to hold the OCR. That surprised markets and pushed up the wholesale interest rates that drive fixed mortgage rates. Bernard Hickey speaks with Kiwibank’s Mary Jo Vergara about a very uncertain outlook for rates in the wake of Donald Trump’s Liberation Day shock.

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Dissension in the RBNZ ranks

#box-pro-ellipsis-176658330654814{-webkit-line-clamp:2;}Dissension in the RBNZ ranks

Dissension in the RBNZ ranks

The Spinoff

Dissension in the RBNZ ranks