monetary policy
Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
19th Nov 24, 3:35pm
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Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
12th Nov 24, 10:05am
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Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
Influential RBNZ survey has perhaps surprisingly shown a small rise in the expectations of future inflation though most picks are still somewhere around the desired 2% level
11th Nov 24, 3:29pm
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Influential RBNZ survey has perhaps surprisingly shown a small rise in the expectations of future inflation though most picks are still somewhere around the desired 2% level
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
11th Nov 24, 11:46am
20
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
Unemployment rate climbs to its highest rate since December 2020 as businesses shed jobs and more people withdraw from the labour market
6th Nov 24, 10:53am
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Unemployment rate climbs to its highest rate since December 2020 as businesses shed jobs and more people withdraw from the labour market
Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
3rd Nov 24, 7:00am
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Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
[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
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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'
Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
23rd Oct 24, 2:30pm
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Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
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
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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
Economists and bond traders expect the Reserve Bank to cut interest rates quickly despite critical core inflation measures remaining above 3%
17th Oct 24, 9:42am
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Economists and bond traders expect the Reserve Bank to cut interest rates quickly despite critical core inflation measures remaining above 3%
Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin
16th Oct 24, 1:44pm
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Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin
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
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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
Inflation has been defeated and the Reserve Bank is moving swiftly to normalise interest rates
9th Oct 24, 6:21pm
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Inflation has been defeated and the Reserve Bank is moving swiftly to normalise interest rates
[updated]
Reserve Bank declares victory on inflation and delivers double whammy rate cut
9th Oct 24, 2:01pm
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Reserve Bank declares victory on inflation and delivers double whammy rate cut
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
9th Oct 24, 9:17am
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
[updated]
Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise
8th Oct 24, 2:39pm
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Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise
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
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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
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
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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
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
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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
The Reserve Bank may pause OCR cuts in November to monitor the economy for a possible rebound in consumer demand as mortgage rates fall
4th Sep 24, 3:16pm
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The Reserve Bank may pause OCR cuts in November to monitor the economy for a possible rebound in consumer demand as mortgage rates fall
Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
3rd Sep 24, 1:15pm
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Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
Households plunged an extra $2 billion into term deposits in July as they sought to take advantage of high interest rates ahead of anticipated reductions in the rates
2nd Sep 24, 11:56am
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Households plunged an extra $2 billion into term deposits in July as they sought to take advantage of high interest rates ahead of anticipated reductions in the rates
Latest monthly figures from the Reserve Bank reveal our central bank now has over NZ$22 billion worth of 'foreign currency intervention' capacity
28th Aug 24, 3:22pm
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Latest monthly figures from the Reserve Bank reveal our central bank now has over NZ$22 billion worth of 'foreign currency intervention' capacity
HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
28th Aug 24, 2:48pm
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HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower
27th Aug 24, 5:00pm
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In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower