Brad Olsen: Infometrics Economist on banks cutting home loan and term deposit rates

Brad Olsen: Infometrics Economist on banks cutting home loan and term deposit rates

Author: Newstalk ZB January 15, 2024 Duration: 4:18

Better news for mortgage holders, with Kiwibank the latest bank to cut home loan rates. 

It's also reducing term deposit rates following a decrease in wholesale rates for banks. 

Infometrics Economist Brad Olsen says these lower rates for banks are still not being fully passed on to customers. 

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