Down, Up, Down... Riding the Interest Rate Rollercoaster

The New Zealand economy has been on a turbulent journey over the past few years, with interest rates falling, rising, and now falling again. Since August, with inflation now looking under control, the Reserve Bank of New Zealand (RBNZ) has cut rates, with further reductions expected in 2025. Interest rate changes impact everyone—businesses, borrowers, savers, and investors.