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⏲ Duration: 1 min 11 sec
✓ Published: 31-May-2018
✓ Published: 31-May-2018
Description:
The RBNZ decided not to ease its LVR mortgage lending restrictions. In our view, they will ease the restrictions later this year or early next year, in response to a fall in house prices. In one more sign of a slowing economy, business confidence fell further in May.
The RBNZ decided not to ease its LVR mortgage lending restrictions. In our view, they will ease the restrictions later this year or early next year, in response to a fall in house prices. In one more sign of a slowing economy, business confidence fell further in May.
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