New Zealand – “the time of cheap money is over, and interest rates are rising, swiftly”

Reserve Bank of New Zealand decision earlier today.

Read from the bottom up for the time sequence:Via KiwiBank:
  • The time of cheap money is over, and interest rates are rising, swiftly. The RBNZ hiked the cash rate 25bps today, and signalled many more to come.

Pic from KiwiBank also:

Reserve Bank of New Zealand decision earlier today.

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