Published on
Jul 20, 2025
Mortgage rates drop, but further relief unlikely as OCR stabilises
At 5.1%, unemployment is the highest since 2016 (excluding the Covid-era) and it’s expected to increase a little further before stabilising. This level of labour market slack usually keeps a lid on domestic inflation pressures. The RBNZ isn’t done with …
Source:
Bay of Plenty Times
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Neutral
