• sylverstream@lemmy.nz
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    1 year ago

    Longer term rates are still lower than short term which is quite unusual. So I guess they expect rates to come down.

    • Dave@lemmy.nzM
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      1 year ago

      Yes I’m not running from memory but I believe the RBNZ said one more rise then they will hold it for a while. So banks are anticipating that they will fall over the longer term (funny how we consider 5 years long term).