RBNZ to drive retail rates lower
Margin Call: Hamish Pepper says Australia provides a guide to how the new funding programme will go.
Hamish Pepper
Tue, 17 Nov 2020
The Reserve Bank of New Zealand (RBNZ) confirmed last week that cheaper bank funding will be here in time for Christmas. This will provide fresh impetus for banks to lower lending and deposit rates by further reducing bank funding costs.
In its latest Monetary Policy Statement (MPS) decision,
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Hamish Pepper
Tue, 17 Nov 2020
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RBNZ to drive retail rates lower
Analysis,Investment,
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