Take a hike: different routes for different rates
Take a hike: different routes for different rates
Article written by InvestNow – 30th March 2023
Short-term interest rates have gone from next to zero to 4% plus in next to no time over the last 18 months.
The pace of rate hikes has been the fastest in decades even if the cruising speed remains well below historical highs.
From August 2021, for instance, the Reserve Bank of NZ (RBNZ) has juiced up the official cash rate from […]