[Interest rates] OCR update: What's in the fine print? ⎜ Ep. 1726 ⎜ Property Academy podcast

In today’s episode of the Property Academy podcast, Ed and Andrew break down the latest OCR announcement and its implications on the property market and economic outlook.
With the OCR remaining at 5.5%, find out how this affects your investment strategy and what the Reserve Bank’s forecasts suggest about the future of inflation and housing prices.
Don’t miss this detailed analysis to better prepare for the economic changes ahead.
Book your portfolio planning session & create a plan with a financial adviser.
www.opespartne...
Sign up for Private Property. A weekly newsletter and stay up-to-date on what's happening in the NZ property market: www.opespartne...
#propertyinvestment
#interestrates
#inflation
AdKey:P7GM4kxKBYjRzX

[@Richard_AKL]

The reserve bank don't seem to understand that their interest rates are one of the major drivers of inflation! People experiencing higher interest rates are asking for more money from their employers, and if they're investors then they're pushing their rents up, and if they're business owners they've had to push their business prices up.

[@simonmiddleton4487]

Totally agree, plus gold at all time high, copper, soft commodities, oil ect are all looking like they are going to breakout to the upside. Inflation genie is out of the bottle

[@CK-fj5ql]

higher for longer seems to be the predominant view at the moment. Go Southland!

[@andrewnewman313]

Good point about the tax cut and govt borrowing (and timing) being potentially inflationary. Also., how much are US rates and inflation a concern for the RBNZ? I don’t hear nz commentators talking about this much. The US 10 year treasury bond yield has been creeping up most of the year and shot up again last week over 4.6%. Hard for the RBNZ to cut rates if the US doesn’t as would crash our currency = more inflation for us.

[@joachimpetersen2301]

The budget was a joke, they'll be borrowing an extra 3 billion to finance it. Guess inflation won't be going down anytime soon.

[@bleepelectronic9106]

It's clear that interest rates will stay higher for longer, and rightly so. The tax cuts will have consequences.
Tony Alexander seems to have changed his tune compared to last year and is not as positive anymore.