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The Reserve Bank Just Shocked Everyone – Here’s How It Affects You⎥Ep. 2219
Manage episode 512346006 series 2620646
The Reserve Bank just surprised everyone – cutting the Official Cash Rate (OCR) by 0.5%.
In this episode, Ed and Andrew unpack what happened, why the cut was bigger than expected, and what it means for your mortgage.
You’ll learn:
- Why the economy’s weaker-than-expected GDP pushed the RBNZ to act fast
- How this surprise cut could drop the 1-year fixed rate to around 4.35%
- How much could you save
Ed and Andrew also discuss what’s next – when the next OCR cut could land and how far the Reserve Bank might go.
For more from Opes Partners:
- Sign up for the weekly Private Property newsletter
- Instagram
- TikTok
2316 episodes
Manage episode 512346006 series 2620646
The Reserve Bank just surprised everyone – cutting the Official Cash Rate (OCR) by 0.5%.
In this episode, Ed and Andrew unpack what happened, why the cut was bigger than expected, and what it means for your mortgage.
You’ll learn:
- Why the economy’s weaker-than-expected GDP pushed the RBNZ to act fast
- How this surprise cut could drop the 1-year fixed rate to around 4.35%
- How much could you save
Ed and Andrew also discuss what’s next – when the next OCR cut could land and how far the Reserve Bank might go.
For more from Opes Partners:
- Sign up for the weekly Private Property newsletter
- Instagram
- TikTok
2316 episodes
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