When the Facts Change

Finally, the RBNZ cuts the OCR

The Reserve Bank cut the official cash rate this week for the first time since the beginning of Covid. Kiwibank's Jarrod Kerr joins Bernard to explain how the central bank changed its mind when the facts changed, and what it means for mortgage rates and the housing market.

16 Aug 2024

When the Facts Change

More about the episode

The Reserve Bank cut the official cash rate this week for the first time since the beginning of Covid. Bernard talks with Kiwibank chief economist Jarrod Kerr about how the central bank changed its mind when the facts changed, and what it means for mortgage rates and the housing market.