Volatility for the business community is expected to be around for a while
Volatility for the business community is expected to be around for a while
15 July 2021
The Reserve Bank's kept the Official Cash Rate at 0.25 percent but will be halting its bond buying programme earlier than expected to reduce economic stimulus.
ASB has hiked its fixed mortgage interest rates anyway.
Canterbury Employers' Chamber of Commerce CEO, Leeann Watson, says things can change pretty fast, as we've seen with the trans-Tasman bubble over the past few weeks.
She says we have to be pretty careful about shouting from the rooftops that everything's back to normal too soon.
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