some interest rates swaps went under 1% in aus yesterday .. wow a look into the future rates in nz ?
Printable View
some interest rates swaps went under 1% in aus yesterday .. wow a look into the future rates in nz ?
the calls are getting louder - today
ANZ Bank says there is a “very real” chance that New Zealand's monetary policy will run out of conventional ammunition and suggested the central bank look at a series of unconventional measures, including quantitative easing
http://www.sharechat.co.nz/article/6...-ammo-anz.html
In AUS
Economists say the policy of large-scale money printing by the Reserve Bank is now officially on the table, and it needs to be discussed more openly
https://www.abc.net.au/news/2019-06-...ction=business
get your income why you can .
Locked in.Totally agree Bull
On the other hand the rest of the market seems pretty optimistic today.
I'm seeing some political forces occurring here. What with Grant Robertson slamming off about the RBNZ censure and criticism of Key's blaming a junior staffer. ANZ putting their oar in is I suspect politically motivated.
Personally I don't think we'll get to negative interest rates here. Or printing kiwi $ for economic reasons. (We should have done that when NZD/USD was a lot higher but of course RBNZ doesn't really want to play the game of speculating)
Thoughts on what good options are in these times? Cash, utilities?