Karen Silk
Assistant Governor Karen Silk says the RBNZ has been consistently saying it will hold rates until inflation is heading back to 2%
8th Mar 24, 10:02am
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Assistant Governor Karen Silk says the RBNZ has been consistently saying it will hold rates until inflation is heading back to 2%
Latest monthly figures from the Reserve Bank reveal it boosted its 'foreign currency intervention capacity' by a further NZ$810 million last month - and it doesn't look to be finished
27th Feb 24, 3:49pm
9
Latest monthly figures from the Reserve Bank reveal it boosted its 'foreign currency intervention capacity' by a further NZ$810 million last month - and it doesn't look to be finished
The Reserve Bank has added a further NZ$739 million to its 'foreign currency intervention capacity' in the past month and now has nearly NZ$18.5 billion held in offshore currencies to intervene if needed in foreign exchange markets
28th Nov 23, 3:55pm
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The Reserve Bank has added a further NZ$739 million to its 'foreign currency intervention capacity' in the past month and now has nearly NZ$18.5 billion held in offshore currencies to intervene if needed in foreign exchange markets
RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
19th Nov 23, 6:00am
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RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
17th Nov 23, 2:03pm
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ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
[updated]
Assistant Governor Karen Silk says no clear answer to the question of what the right level of foreign currency reserves the RBNZ should hold is
14th Nov 23, 1:23pm
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Assistant Governor Karen Silk says no clear answer to the question of what the right level of foreign currency reserves the RBNZ should hold is
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
14th Sep 23, 7:40am
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
Reserve Bank Assistant Governor Karen Silk says the Official Cash Rate is working despite sticky core inflation and record high employment
21st Aug 23, 9:41am
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Reserve Bank Assistant Governor Karen Silk says the Official Cash Rate is working despite sticky core inflation and record high employment
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
27th Jul 23, 5:58pm
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The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
Grant Robertson's decision to reappoint Adrian Orr last year without bipartisan support has opened the bank up to more political criticism despite the role of the monetary policy committee
1st Jun 23, 10:24am
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Grant Robertson's decision to reappoint Adrian Orr last year without bipartisan support has opened the bank up to more political criticism despite the role of the monetary policy committee
The Reserve Bank says the OCR has gone high enough and recession may be avoided
24th May 23, 6:33pm
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The Reserve Bank says the OCR has gone high enough and recession may be avoided
Could, or should, the RBNZ cut the interest rate it pays on banks' settlement cash accounts in order to reduce the Government's interest bill?
15th Apr 23, 9:20am
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Could, or should, the RBNZ cut the interest rate it pays on banks' settlement cash accounts in order to reduce the Government's interest bill?
Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
3rd Mar 23, 9:26am
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Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
[updated]
'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'
23rd Feb 23, 9:37am
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'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'
[updated]
Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
6th Dec 22, 7:00am
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Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
29th Nov 22, 12:54pm
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Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
NZ dollar drops four places to world's 14th most traded currency after 12 years in 10th place
28th Oct 22, 9:49am
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NZ dollar drops four places to world's 14th most traded currency after 12 years in 10th place
Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year
24th Aug 22, 9:14am
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Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year
RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
23rd Aug 22, 2:00pm
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RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios
23rd Aug 22, 8:11am
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Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios
Westpac executive Karen Silk appointed Reserve Bank Assistant Governor; How different will the committee tasked with setting monetary policy look this year?
27th Jan 22, 4:36pm
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Westpac executive Karen Silk appointed Reserve Bank Assistant Governor; How different will the committee tasked with setting monetary policy look this year?
Westpac New Zealand chief executive officer David McLean details the who, what, how and why behind a reshuffle of his senior executive team
25th Feb 20, 9:42am
Westpac New Zealand chief executive officer David McLean details the who, what, how and why behind a reshuffle of his senior executive team
Westpac NZ borrows NZ$860 million through issue of five-year green bond with the proceeds to be used to help fund initiatives to combat climate change
20th Jun 19, 4:49pm
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Westpac NZ borrows NZ$860 million through issue of five-year green bond with the proceeds to be used to help fund initiatives to combat climate change
Westpac's Karen Silk argues New Zealand's government and businesses, including the agriculture sector, stand to benefit from being proactive rather than reactive when dealing with climate change
6th Apr 18, 8:01am
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Westpac's Karen Silk argues New Zealand's government and businesses, including the agriculture sector, stand to benefit from being proactive rather than reactive when dealing with climate change
Westpac NZ consolidating three business arms into two in move to 'reduce duplication'
27th Jul 15, 11:51am
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Westpac NZ consolidating three business arms into two in move to 'reduce duplication'