Hawkish RBNZ warns Kiwis off cash rate cuts until 2025

By Ben McKay
Updated November 29 2023 - 2:05pm, first published 2:00pm
"Interest rates are restricting spending in the economy," RBNZ governor Adrian Orr says. (AP PHOTO)
"Interest rates are restricting spending in the economy," RBNZ governor Adrian Orr says. (AP PHOTO)

New Zealand's central bank has warned Kiwi mortgage holders not to expect interest rate cuts until 2025.

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