{"id":20474,"date":"2016-07-22T00:00:00","date_gmt":"2016-07-21T17:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-the-reserve-bank-shouldnt-cut-rates\/"},"modified":"2016-07-22T04:49:10","modified_gmt":"2016-07-21T21:49:10","slug":"why-the-reserve-bank-shouldnt-cut-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-the-reserve-bank-shouldnt-cut-rates\/","title":{"rendered":"Why the Reserve Bank shouldn&#039;t cut rates"},"content":{"rendered":"<p>&#013;<br \/>\nIf the Reserve Bank cuts the official cash rate on August 11, as the financial markets expect, it will do more harm than good.It will make it more attractive to borrow at a time when household debt is already at a record high relative&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=11678776&amp;ref=rss\" target=\"_blank\">Why the Reserve Bank shouldn&#8217;t cut rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; If the Reserve Bank cuts the official cash rate on August 11, as the financial&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20474","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5ke","jetpack-related-posts":[{"id":20376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dollar-falls-as-reserve-bank-says-rates-cut-likely\/","url_meta":{"origin":20474,"position":0},"title":"Dollar falls as Reserve Bank says rates cut likely","date":"July 21, 2016","format":false,"excerpt":"\r The New Zealand dollar has fallen by about half a US cent after the Reserve Bank signalled that more official interest rate cuts are likely.The bank, in an economic update, said prospects for growth in the global economy had diminished...\r \r Source : nzherald.co.nz\/Property\r Read more...Dollar falls as Reserve\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-surprises-cuts-rates-to-2-25pc-5\/","url_meta":{"origin":20474,"position":1},"title":"Reserve Bank surprises, cuts rates to 2.25pc","date":"March 10, 2016","format":false,"excerpt":"\r \u2022 The cut of 25 basis points was unexpected and bring rates to a new record low of 2.25 per cent. \u2022 The Co-Operative Bank was the first bank to drop its floating mortgage rate, saying it wanted its customers to quickly...\r \r Source : nzherald.co.nz\/Property\r Read more...Reserve Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-surprises-cuts-rates-to-2-25pc\/","url_meta":{"origin":20474,"position":2},"title":"Reserve Bank surprises, cuts rates to 2.25pc","date":"March 10, 2016","format":false,"excerpt":"\r Reserve Bank governor Graeme Wheeler has cut the official cash rate a quarter point and hinted the rate could go lower, in a bid to prevent cheap global oil prices imbedding itself into the way local firms set wages and prices. The...\r \r Source : nzherald.co.nz\/Property\r Read more...Reserve Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-economy-hub-reserve-bank-surprises-cuts-rates-to-2-25pc\/","url_meta":{"origin":20474,"position":3},"title":"The Economy Hub: Reserve Bank surprises, cuts rates to 2.25pc","date":"March 10, 2016","format":false,"excerpt":"\r \u2022 The cut of 25 basis points was unexpected and bring rates to a new record low of 2.25 per cent. \u2022 The Co-Operative Bank was the first bank to drop its floating mortgage rate, saying it wanted its customers to quickly...\r \r Source : nzherald.co.nz\/Property\r Read more...The Economy\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-surprises-cuts-rates-to-2-25pc-2\/","url_meta":{"origin":20474,"position":4},"title":"Reserve Bank surprises, cuts rates to 2.25pc","date":"March 10, 2016","format":false,"excerpt":"\r Reserve Bank governor Graeme Wheeler has cut the official cash rate a quarter point and hinted the rate could go lower, in a bid to prevent cheap global oil prices imbedding itself into the way local firms set wages and prices. The...\r \r Source : nzherald.co.nz\/Property\r Read more...Reserve Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-surprises-cuts-rates-to-2-25pc-3\/","url_meta":{"origin":20474,"position":5},"title":"Reserve Bank surprises, cuts rates to 2.25pc","date":"March 10, 2016","format":false,"excerpt":"\r Reserve Bank governor Graeme Wheeler has cut the official cash rate a quarter point and hinted the rate could go lower, in a bid to prevent cheap global oil prices imbedding itself into the way local firms set wages and prices. The...\r \r Source : nzherald.co.nz\/Property\r Read more...Reserve Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20474"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20474"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20474\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}