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Showing posts with label Interest rate cuts. Show all posts
Showing posts with label Interest rate cuts. Show all posts

Friday, July 12, 2024

Kerre Woodham: Are you starting to feel more confident?


Well, did we get some good news with the Reserve Bank's report yesterday? Not as full as their OCR statement that we're expecting in August, but an update nonetheless. Is the long winter of our financial discontent about to be made glorious summer? Will the Reserve Bank ease its restrictive monetary policy this year so that we don't all have to survive to 25, we can thrive in 25, giving those who are paying mortgages and business loans some respite?