Inflation
Roger J Kerr looks at what betting markets are indicating and what traders are thinking. Self-interested bias with OPM? Meanwhile, Japanese political turmoil confuses the interest rate and Yen currency outlook
28th Oct 24, 9:10am
8
Roger J Kerr looks at what betting markets are indicating and what traders are thinking. Self-interested bias with OPM? Meanwhile, Japanese political turmoil confuses the interest rate and Yen currency outlook
[updated]
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
24th Oct 24, 8:29am
87
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist
21st Oct 24, 2:22pm
36
BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist
Roger J Kerr looks at the scenarios and potential outcome of the US election
The IMF notes that the recent inflation surge followed a unique disruption to the global economy, but it still offers important lessons for central banks
20th Oct 24, 10:01am
10
The IMF notes that the recent inflation surge followed a unique disruption to the global economy, but it still offers important lessons for central banks
The World Gold Council explains why gold’s long-term return has been and will likely remain, well above inflation
19th Oct 24, 8:30am
8
The World Gold Council explains why gold’s long-term return has been and will likely remain, well above inflation
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
16th Oct 24, 11:55am
53
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
Austerity and recession: Geoff Bertram with three simple graphs that explain New Zealand’s economic crisis
16th Oct 24, 8:30am
75
Austerity and recession: Geoff Bertram with three simple graphs that explain New Zealand’s economic crisis
Roger J Kerr says the the reality is that the New Zealand economy still has a major problem with sticky/high non-tradable inflation from the public sector and non-competitive sectors of the economy
14th Oct 24, 8:59am
14
Roger J Kerr says the the reality is that the New Zealand economy still has a major problem with sticky/high non-tradable inflation from the public sector and non-competitive sectors of the economy
David Hargreaves assesses prospects for the September quarter CPI figures to be released this coming Wednesday, which should show inflation back under 3%. But could the figures still put a dampener on expectation of further fast interest rate falls?
13th Oct 24, 6:31am
97
David Hargreaves assesses prospects for the September quarter CPI figures to be released this coming Wednesday, which should show inflation back under 3%. But could the figures still put a dampener on expectation of further fast interest rate falls?
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
11th Oct 24, 12:29pm
5
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
The World Gold Council says lower yields and wavering corporate spreads suggest we are in a gold-friendly environment. Elevated geopolitical risk should lend further support
9th Oct 24, 12:01pm
1
The World Gold Council says lower yields and wavering corporate spreads suggest we are in a gold-friendly environment. Elevated geopolitical risk should lend further support
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut
7th Oct 24, 11:04am
58
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut
Roger J Kerr says the latest US jobs data leaves unanswered questions
David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates
6th Oct 24, 6:00am
203
David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates
[updated]
A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year
2nd Oct 24, 10:12am
84
A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year
Weak pricing data in business survey supports further interest rate cuts, NZIER says
1st Oct 24, 10:04am
18
Weak pricing data in business survey supports further interest rate cuts, NZIER says
Roger J Kerr outlines why the New Zealand dollar has been rising
Kiwibank economists say they would 'advocate' that the Reserve Bank cuts the OCR by 50 basis points both next month and again in November
23rd Sep 24, 3:09pm
78
Kiwibank economists say they would 'advocate' that the Reserve Bank cuts the OCR by 50 basis points both next month and again in November
Roger J Kerr says what is important for the future NZ dollar direction is whether the US dollar continues to depreciate and how much the Australian dollar and Japanese Yen - which the NZD follows - benefit from that
23rd Sep 24, 8:28am
2
Roger J Kerr says what is important for the future NZ dollar direction is whether the US dollar continues to depreciate and how much the Australian dollar and Japanese Yen - which the NZD follows - benefit from that
Roger J Kerr says the historical correlation would suggest the Japanese Yen still has a lot further to appreciate towards 130.00 and even lower as the bond differential heads to 2.50% through higher Japanese yields and lower US yields
16th Sep 24, 8:26am
Roger J Kerr says the historical correlation would suggest the Japanese Yen still has a lot further to appreciate towards 130.00 and even lower as the bond differential heads to 2.50% through higher Japanese yields and lower US yields
Statistics NZ's Selected Price Indexes show that food prices rose just 0.4% in the year to August while rent increases remained at the same level and fuel and travel costs dipped
12th Sep 24, 11:46am
31
Statistics NZ's Selected Price Indexes show that food prices rose just 0.4% in the year to August while rent increases remained at the same level and fuel and travel costs dipped
Roger J Kerr says all the economic indicators and financial market direction in the US point to continuing lower interest rates and a depreciating US dollar value
9th Sep 24, 8:27am
1
Roger J Kerr says all the economic indicators and financial market direction in the US point to continuing lower interest rates and a depreciating US dollar value
David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
8th Sep 24, 6:30am
47
David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
5th Sep 24, 11:57am
20
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise