Rates rising, Budget balancing: What the RBNZ's split decision could mean for your money
JUN 3, 202624 MIN
Rates rising, Budget balancing: What the RBNZ's split decision could mean for your money
JUN 3, 202624 MIN
Description
Host Nigel Grant is joined by ASB Senior Economist Chris Tennent-Brown to make sense of a week that gave Kiwi plenty to digest. They cover the RBNZ's split committee vote that may signal rate hikes are closer than many expected and turn to the 2026 Budget, which Chris describes as "prudent and boring" (and why that might actually be good news). They also explore what rising short-term interest rates could mean for borrowers and savers, and why sticking to a long-term strategy still matters more than trying to pick the top or bottom.