Last week the Reserve Bank of New Zealand delivered another rate hike, pushing the official cash rate up 75 basis points to 4.25%, but there's some thought among analysts that it is going too far.
The RBNZ now expects the OCR to peak next year around 5.5%.
However, the RBNZ and other central banks
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
