New Zealand Signaled Multiple Hikes in Year Ahead: RBC's Ong

New Zealand Signaled Multiple Hikes in Year Ahead: RBC's Ong

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the Reserve Bank of New Zealand's (RBNZ) potential rate hikes to 2% by the end of 2022, driven by a hot economy and high inflation. It explores the impact on the labor market and real estate, and compares RBNZ's actions with other G10 central banks, noting that RBNZ is leading in tightening cycles. The Reserve Bank of Australia (RBA) is expected to lag behind, with potential rate hikes not anticipated until 2023 or later.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected cash rate movement in the markets over the next couple of years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which central bank is expected to lift their overnight rate by 25 basis points at the December meeting?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the anticipated timeline for the Reserve Bank of Australia to start rate hikes?

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