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The Reserve Bank Just Shocked Everyone – Here’s How It Affects You⎥Ep. 2219

The Reserve Bank Just Shocked Everyone – Here’s How It Affects You⎥Ep. 2219

Episode 2219 Published 5 months ago
Description

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.

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