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ANZ chief economist Sharon Zollner​ said there was global pressure on longer term rates at the moment and the Reserve Bank’s quantitative easing programme had done its dash. That meant it was likely interest rates had hit the bottom of the current cycle and, for mortgage borrowers, rates now were probably “as good as it gets”, she said. “But we don’t expect the Reserve Ban to lift the OCR until at least the end of next year. If past patterns hold, that means that we are unlikely to see any material change in floating or 1-year rates for at least another year.”

Sharon zollnerGareth kiernanBank covidReserve bankReserve banஷரோன் ஜொல்ல்நேர்கரேத் கியர்நெந்இருப்பு வங்கிஇருப்பு தடை