Pages

Showing posts with label International. Show all posts
Showing posts with label International. Show all posts

Sunday, April 14, 2024

Point of Order: Mortgage rates at 10% anyone?



No – nothing about that in PM Luxon’s nine-point plan to improve the lives of New Zealanders.

But beyond our shores Jamie Dimon, the long-serving head of global bank J.P. Morgan Chase, reckons that the chances of a goldilocks soft landing for the economy are “a lot lower” than the 70% to 80% market consensus.

And he warned that global interest rates could top 8%