Kiwi’s Yet To See Higher Rates Thanks To Migration?
The Reserve Bank’s Monetary Policy Committee held the Official Cash Rate at 5.5% Wednesday in Wellington. This was as expected by most economists. But the central bank has been spooked by stronger near-term growth that’s being driven by the return of international students and immigrants after the pandemic. As a result, there was a significant … Continue reading "Kiwi’s Yet To See Higher Rates Thanks To Migration?"
Kiwi’s Yet To See Higher Rates Thanks To Migration?
The Reserve Bank’s Monetary Policy Committee held the Official Cash Rate at 5.5% Wednesday in Wellington. This was as expected by most economists. But the central bank has been spooked by stronger near-term growth that’s being driven by the return of international students and immigrants after the pandemic. As a result, there was a significant … Continue reading "Kiwi’s Yet To See Higher Rates Thanks To Migration?"
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