NZ could become first country in Asia Pacific to increase interest rates

Author
Newstalk ZB,
Publish Date
Wed, 6 Oct 2021, 8:41AM
(Photo / File)
(Photo / File)

NZ could become first country in Asia Pacific to increase interest rates

Author
Newstalk ZB,
Publish Date
Wed, 6 Oct 2021, 8:41AM

It's Official Cash Rate day and the expectation is that we will see an increase in interest rates.  

It would be the first increase in 20 months and New Zealand would be the first country in Asia Pacific, and one of the few in the world to increase rates. 

Chief economist at ANZ Sharon Zollner joined Mike Yardley. 

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