Monetary Policy Review

A majority of the NZIER's 'Shadow Board' of experts recommend keeping the Official Cash Rate unchanged this week - but there's a variety of opinions on what should come next

A majority of the NZIER's 'Shadow Board' of experts recommend keeping the Official Cash Rate unchanged this week - but there's a variety of opinions on what should come next

The Reserve Bank will likely end a sequence of six consecutive cuts to the Official Cash Rate in the coming week - but we've probably not seen the end of the rate reductions yet

The Reserve Bank will likely end a sequence of six consecutive cuts to the Official Cash Rate in the coming week - but we've probably not seen the end of the rate reductions yet

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

Westpac's chief economist Kelly Eckhold says the Reserve Bank will be keeping a close eye on which of the 'competing growth and inflation drivers' will dominate over the rest of the year

Westpac's chief economist Kelly Eckhold says the Reserve Bank will be keeping a close eye on which of the 'competing growth and inflation drivers' will dominate over the rest of the year

The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', Kiwibank economists say

The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', Kiwibank economists say

Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say

Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say

Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut

Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut

The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that

The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that

BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate

BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate

David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?

David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?

ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%

ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%

Kelly Eckhold says a lot has changed in the past week and he expects the RBNZ this week to indicate 'a firm intention to get the Official Cash Rate to 3% soon'

Kelly Eckhold says a lot has changed in the past week and he expects the RBNZ this week to indicate 'a firm intention to get the Official Cash Rate to 3% soon'

BNZ economists reiterate their longstanding prediction that the RBNZ will ultimately take the Official Cash Rate down to 2.75%

BNZ economists reiterate their longstanding prediction that the RBNZ will ultimately take the Official Cash Rate down to 2.75%

There's upheaval inside the Reserve Bank, there's upheaval outside of the Reserve Bank, but we'll still get our promised 25 point Official Cash Rate cut

There's upheaval inside the Reserve Bank, there's upheaval outside of the Reserve Bank, but we'll still get our promised 25 point Official Cash Rate cut

Kelly Eckhold says while the RBNZ appeared to promise an OCR cut next week almost unconditionally, decisions should always be based on the situation on the ground. 'No change with an easing bias would be the right thing to do'

Kelly Eckhold says while the RBNZ appeared to promise an OCR cut next week almost unconditionally, decisions should always be based on the situation on the ground. 'No change with an easing bias would be the right thing to do'