KEY POINTS:
ANZ and National Banks are dropping their variable interest rates by 0.7 per cent.
It brings the ANZ's standard variable rate and the National Bank's Thoroughbred floating rate to 7.50 per cent.
-NEWSTALK ZB
ANZ and National Banks are dropping their variable interest rates by 0.7 per cent.
It brings the ANZ's standard variable rate and the National Bank's Thoroughbred floating rate to 7.50 per cent.
-NEWSTALK ZB
OPINION: If the Reserve Bank over-squeezes the economy, Kiwis lose their jobs.