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Economics
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RBNZ flags risk to financial stability from rising interest rates

Banks in advanced economies are in better shape than during the GFC.

The Reserve Bank will release its full six-monthly financial stability report on Wednesday.

Brent Edwards Mon, 30 Oct 2023

The Reserve Bank warns that New Zealand is relatively more exposed to higher interest rates because of higher household debt levels here compared with other advanced economies.

Fixed mortgage rates in New Zealand also tend to be relative short compared with elsewhere. The country is also more

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RBNZ flags risk to financial stability from rising interest rates
Economics,
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