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NZ Economy Under Observation / News of the Money-World #46

NZ Everyday Investor

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Is There a Recession in the Mortgage Markets?

There is, there has been quite a bit of a yulcovinversion. The outlook from all this very rapid riseing interest rates ind the in the near term is likely to mean that growth and inflation will be weaker in the longer term. And we do think that's probably the outlook on terms of interest rates are star longer. Temes rates are probably nearthe pik. But you know, it doesn't take much. And thend, we're back in the races again, that's right.

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