In this episode, we break down the Reserve Bank’s latest move to cut the Official Cash Rate (OCR) – now sitting at 3.5%.
You’ll learn:
Why the Reserve Bank made the cut (the 5th in a row)
What they think about Trump’s new tariffs and how they affect the NZ economy
Which banks have already dropped their interest rates – including floating and test rates
We also talk through what this all means for mortgage rates and whether now might be a good time to relook at your lending.
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