Investors are keeping calm, after this week's stark warnings from the Reserve Bank.

Governor Adrian Orr has left many mortgage holders reassessing their options, after lifting the OCR to 4.25 percent and warning it could peak at 5.5 percent.

He's also confirmed the bank is deliberately engineering a recession, that's likely to hit about the middle of next year.

JMI Wealth Director Andrew Kelleher told Mike Hosking while short term interest rates are rising, markets certainly haven't been caught by surprise.

He says foreign exchange, interest rates and sharemarkets have all been relatively calm about the central bank's hawkish stance.

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Investors are keeping calm, after this week's stark warnings from the Reserve Bank.
Governor Adrian Orr has left many mortgage holders reassessing their options, after lifting the OCR to 4.25 percent and warning it could peak at 5.5 percent.
He's also confirmed the bank is deliberately engineering a recession, that's likely to hit about the middle of next year.
JMI Wealth Director Andrew Kelleher told Mike Hosking while short term interest rates are rising, markets certainly haven't been caught by surprise.
He says foreign exchange, interest rates and sharemarkets have all been relatively calm about the central bank's hawkish stance.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.