Kiwibank calls on RBNZ to pause interest rate rises
Kiwibank economists say the Reserve Bank should hold off on further rate hikes to encourage investment and hiring.
Kiwibank has urged the Reserve Bank to pause interest rate increases, arguing that rates should remain at stimulatory levels to support investment and employment. The bank's economists believe maintaining the current rate settings would be more beneficial for economic activity.
Covered by1NewsNewstalk ZBNot covered byRNZStuffNZ HeraldOtago Daily TimesNewsroomThe SpinoffBusinessDeskinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
1News
Kiwibank says RBNZ should hold off on further rates hikes
Bank economists said they believed interest rates should remain "stimulatory" for now, "to encourage investment and hiring".
Newstalk ZB
Jarrod Kerr: Kiwibank Chief Economist says they think the Reserve Bank should hold off on hiking interest rates
Kiwibank is warning the Reserve Bank against hiking interest rates.