monetary policy
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
Adam Posen worries that financial markets and some US Federal Reserve officials are misassessing the effects of policy-rate hikes
25th Aug 24, 11:40am
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Adam Posen worries that financial markets and some US Federal Reserve officials are misassessing the effects of policy-rate hikes
May’s hawkish stance hinged partly on incorrect GDP forecast, RBNZ Deputy Governor tells the Of Interest podcast
18th Aug 24, 11:00am
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May’s hawkish stance hinged partly on incorrect GDP forecast, RBNZ Deputy Governor tells the Of Interest podcast
Ross Stitt compares and contrasts the different monetary policy approaches between the Australian and New Zealand central banks, with the Aussies less certain they have inflation under control
16th Aug 24, 1:06pm
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Ross Stitt compares and contrasts the different monetary policy approaches between the Australian and New Zealand central banks, with the Aussies less certain they have inflation under control
RBNZ Governor Adrian Orr rejects 'U-turn' label at Parliament committee, suggests lower rates could be passed through to the economy more quickly
15th Aug 24, 1:01pm
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RBNZ Governor Adrian Orr rejects 'U-turn' label at Parliament committee, suggests lower rates could be passed through to the economy more quickly
The latest quarterly Household Expectations Survey for the Reserve Bank finds households still see inflation above the RBNZ's 1% to 3% target in two years' time, and they are less optimistic about chances of being able to get another job
15th Aug 24, 10:15am
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The latest quarterly Household Expectations Survey for the Reserve Bank finds households still see inflation above the RBNZ's 1% to 3% target in two years' time, and they are less optimistic about chances of being able to get another job
Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
15th Aug 24, 7:41am
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Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
Reserve Bank starts long awaited interest rate cuts, and is forecasting further cuts before the end of the year. It also now sees annual inflation falling to just 2.3% by the end of this quarter
14th Aug 24, 2:11pm
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Reserve Bank starts long awaited interest rate cuts, and is forecasting further cuts before the end of the year. It also now sees annual inflation falling to just 2.3% by the end of this quarter
David Cunningham calls for an end to a consensus-based approach in RBNZ Monetary Policy Committee decision making, and more independent committee members
13th Aug 24, 9:15am
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David Cunningham calls for an end to a consensus-based approach in RBNZ Monetary Policy Committee decision making, and more independent committee members
HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
12th Aug 24, 2:20pm
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HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please
11th Aug 24, 6:30am
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David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please
Influential RBNZ survey gives an effective green light to interest rate reductions with expectations of inflation from one to 10-year's time all falling markedly and towards the RBNZ's goal
8th Aug 24, 3:18pm
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Influential RBNZ survey gives an effective green light to interest rate reductions with expectations of inflation from one to 10-year's time all falling markedly and towards the RBNZ's goal
Population growth outpaced employment in the June quarter, pushing New Zealand’s jobless rate up to 4.6% with youth unemployment rising the most
7th Aug 24, 10:53am
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Population growth outpaced employment in the June quarter, pushing New Zealand’s jobless rate up to 4.6% with youth unemployment rising the most
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
4th Aug 24, 6:00am
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Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
September rate cuts in the United States could make it easier for the Reserve Bank to lower interest rates as well
1st Aug 24, 1:56pm
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September rate cuts in the United States could make it easier for the Reserve Bank to lower interest rates as well
In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & more
27th Jul 24, 9:14am
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In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & more
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
24th Jul 24, 3:48pm
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The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
21st Jul 24, 6:00am
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As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy
18th Jul 24, 12:47pm
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Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy