What could delay interest rate cuts | nzherald.co.nz
ฝัง
- เผยแพร่เมื่อ 5 พ.ค. 2024
- The market is pricing in cuts to wholesale rates this year, but it’s still depending on some statistics.
Videography / Editing | Carson Bluck
00:00 - Intro
01:24 - Interview with Greg Fleming
02:09 - Market pricing
03:15 - U.S election impact
04:17 - Monetary policy lag
06:40 - Rate hikes?
09:07 - Saver stimulus
10:48 - Easing in NZ?
12:16 - Strength of equities
13:39 - Central bank credibility
16:27 - Implications for investors
18:11 - 'Bumpy ride to 2%'
20:34 - Outro
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Keen to hear your thoughts on this interest rate debate! Drop them below.
Hope you enjoy Greg's insights as much as I do. Madison
hey there doesn't seem to have been a reserve bank press conference for the last couple of interest rate announcements. did they not have one or have yous for some reason not been putting them on you tube for us?
@@kungfutzu3779 The RBNZ only holds press conferences with its Monetary Policy Statements every quarter, they don't host them every time they review rates. They're releasing a Financial Stability Report on May 1st, then holding a rates decision conference on May 22nd. Hope that helps! Madison
@@nzheraldtv ok thanks
hey sorry to bug you but the last one i can find on your channel was 8 months ago, so it looks like you didn't cover the last two
@@nzheraldtv the last one i can find on your channel is from 8 months ago so two seem to have not been covered. sorry if i'm repeating myself by my previous comment doesn't seem to have saved
People borrowed a lot during covid 19 and bought houses with high debt. They got caught by increased interest rates . They took a high risk.
Yes same here in New Zealand 21,800 plus now behind on their mortgage payments 😮
Half a million people in trouble now NZ now with either Mortgage/rent, personal loans, credit cards & car payments & one other
The reserve bank needs to see inflation at 2% . In between the reserve bank should be buying gold. This is what the swiss bank does to help manage inflation.
Also to keep interest rates higher make businesses finance by debt from pay off the debt.
they are inflating the debt away ,
This is a great point! Governments actually benefit from high inflation because it eats away at their debt principal amounts. Madison
same reason property price go up,the loan you took 10,20 years ago is nothing compare to the property price today,even if you didn't cash out at the peak last year.the system promotes the colony dream,sell resource from colonised land,take loan to buy land,create "livable city" bubble,gov(deep state) charge higher seigniorage tax by create more fiat currency, lure more upper middle class from all over the world to bring their hard earned,the cycle goes on.but the colony is on the last legs,maybe 50 more years,till others catch up,these aboriginal land were never glorious thousand years ago,too remote,the center of the world is in Euro Asia trade route.hope NZ and Aus realise that,then the future will be bright.
@@user-lo3eu9it2b that was only a local peak
Our rates Depends on US Fed Jerome powell tells Orr what to do... these analysts know nothing. Fed said 1 changecthis yeat. Jerome powell 2 weeks ago Said Small banks Will Fail... all under USD. Brics Currency have 126 countries wanting to join...Above are leading you down a path lol.
as sir john key said , do not worry about government debt . they borrow on our behalf . and can tax us as much as they like . and stop thinking red and blue .
worry about private debt . which is not so easy to deal with .
the government just said they going to change the lending rules ,
Good point. But the new government wants to make politics .
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
I watch many... try Jonny Bravo & Steven Vanmeter... altho those are US I watch all but our Orr is told by Jerome what to do. USD 34 trillion debt is 1 trillion every 100 days interest to pay they are bankrupt.
@10.55 , the way we are taxed is the problem . but people forget you only pay tax , when you are making money .
all the tax loop holes , are useless if you are not making money .
a 1% transaction tax , with no tax deductions , tax advantage , or laws changed to help any single group of people .this will mean you will only pay tax when you are making money .
this is as close as we can get to a free market , while we have a government
do you mean lower GST to 1%?
@@kungfutzu3779 no . change the whole tax system . ti where every body has the same tax breaks
@@grizzz6884 i'm not that familiar with tax terminology. by tax breaks are you referring to things people can do to avoid paying tax?
when people start seeing investing as the inflation , we will stand a chance . a 5% or 10% return on money is a tax on business, that creates inflation .
its like rent , is a tax on business , it has to be paid even if you are closed
Thought inflation was supply side, and Transitory 😅
We will get maybe 2 cuts before November but probably only 1 . USA election determines most. If trump gets re elected we will see lots of drops as he knows govt gains the most these days with there massive debts. It allows govt and big business to get there balance sheets in order with lower borrowing costs
Brics countries will affect the US$ sometimes.
Love your show
Love that you love it Gary! M
Ban debt
your smile is contagious, but its little too much.