Interest Rates Nz Forecast 2024
Interest Rates Nz Forecast 2024. The rbnz is forecast to cut the key rate to 3.25% in december 2023 and continue to gradually lower it to 2.25% in december 2024, according to nabโs forecast. Two more ocr cuts in 2024, and the ocr falling to 3.75% by the.
Mortgage holders are entering 2024 hoping the reserve bank will be satisfied it has squeezed their disposable incomes enough to get inflation back in its box. The bank was predicting a series of ocr cuts from this august,.