Kiwibank has made changes to its term deposit rates - the first significant move since the official cash rate decision on Wednesday.
9:51 am today
Kiwibank has made changes to its term deposits.
Kiwibank has made changes to its term deposit rates - the first significant move since the official cash rate decision on Wednesday.
The Reserve Bank kept the OCR at 2.25 percent on Wednesday but signalled rate rises would come earlier and more quickly than previously expected later in the year.
Half the monetary policy committee took the view that rates should have risen this week.
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Short-term home loan rates are likely to feel the most immediate impact of the Reserve Bank's move on Wednesday to keep the…
The bank is lifting interest rates by as much as 20 basis points.
"I don't see mortgage rates falling. The obvious path is higher, not lower", Kiwibank chief economist Jarrod Kerr says.
Mortgage holders, renters and savers will be watching closely as the Reserve Bank prepares to reveal the Official Cash Rate…
From Thursday, both individual and business Kiwibank customers will be able to securely share their banking data with approved…
New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since…
