Market Commentary on Interest Rates

Photo Credit: Bloomberg News/Landov
Image: Bloomberg News/Landov

The Reserve Bank of New Zealand has just decided not to alter the Official Cash Rate. If you are borrowing right now it is unlikely you will see further big interest rate reductions, so while you can get money at 5.4% the banks are suggesting you fix that rate for the short to medium term.

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August 12, 2009   No Comments