Karen Silk
Karen Silk is the Assistant Governor of the Reserve Bank of New Zealand, where she plays a crucial role in monetary policy and financial stability. Her recent commentary on mortgage rates highlights her insights into the economic landscape, emphasizing the relationship between the Official Cash Rate (OCR) and short-term interest rates. Silk's expertise is instrumental in guiding expectations around borrowing costs and the overall direction of interest rates in New Zealand.
Not in the pool (under ¢1).
Recent news mentions
Reserve Bank Assistant Governor Karen Silk broadly affirmed the view that banks had room to cut some of their fixed mortgage rates.
Mortgage rate U-turn: BNZ cuts long-term rates, 3yr loan dips back under 5%
New Zealand· 2026-02-25
Acting deputy governor Karen Silk commented more borrowers would lock in rates around the 18-month, two-year mark.
Do rate rises in response to the OCR cut suggest the Reserve Bank bungled its comms and slowed the economy recovery?New Zealand· 2025-11-27
Karen Silk has filled one of the consolidated assistant governor roles at the RBNZ.
Reserve Bank delays releasing information on Adrian Orr’s shock resignation, as restructure sees executives leaveNew Zealand· 2025-06-06
Karen Silk is the Assistant Governor who illustrated the bank's stock of loans in an interview.
Town v Country, big cities left behind in economic recovery - Liam DannNew Zealand· 2025-05-31
Karen Silk is the current assistant RBNZ Governor and a former Westpac executive.
Who could replace Adrian Orr as Reserve Bank Governor?New Zealand· 2025-03-05
Reserve Bank assistant governor Karen Silk said the expectation of the longer-term rates coming substantially lower is probably a lot less now.
Winter is coming for mortgage rates – how low can you expect rates to go?New Zealand· 2025-03-04
