The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Dawn chorus: From hawkish to heron-ish
0:00
-18:39

Paid episode

The full episode is only available to paid subscribers of The Kākā by Bernard Hickey

Dawn chorus: From hawkish to heron-ish

RBNZ Assistant Governor Christian Hawkesby, who a month ago talked about a possible 50 bps hike in the OCR, says 25 bps is now more likely in a much less 'hawkish' speech
Bernard Hickey
Sep 21, 2021
∙ Paid
7
Share

TLDR & TLDL: The outlook for interest rates just got a bit flatter because the Reserve Bank signalled yesterday it is unlikely to start hiking on October 4 with a whacking 50 basis point rise in the Official Cash Rate. It is instead more likely to hike just 25 basis points to 0.5%.

The RBNZ said it plans to take “small considered steps” as it assesses th…

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.

The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Bernard Hickey and friends explore the political economy together.
Listen on
Substack App
RSS Feed
Appears in episode
Bernard Hickey
Recent Episodes
'This bill is dangerous for the environment and our democracy'
 • Bernard Hickey
Should the RBNZ be looking through climate inflation?
 • Bernard Hickey
Dawn Chorus for Wednesday, April 3
 • Bernard Hickey
Simeon Brown threatens councils on water reform
 • Bernard Hickey
Public infrastructure and service potholes under massive population pressure
 • Bernard Hickey
Mortgage rates seen high for even longer
 • Bernard Hickey
The holes in National’s water reform pipes
 • Bernard Hickey
Dawn Chorus for Thursday, December 28
 • Bernard Hickey