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OCR has dropped - Is it time to fix???

By Kris Pedersen on December 10th, 2015.

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At 9am this morning the RBNZ cut the OCR to its lowest point ever (back where we were after the Christchurch earthquakes) however has signalled that it is likely to hold it there until the end of 2018. Note that while this will result in a drop in bank floating rates and potentially the shorter term fixed rates such as the 6, 12 and maybe 18 month rates it is not likely to.....

 

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