Karen Silk
Despite encouragement from the Reserve Bank, most banks are not incentivising retail deposit growth as they look for ways to deal with margin compression that has become chronic
3
Despite encouragement from the Reserve Bank, most banks are not incentivising retail deposit growth as they look for ways to deal with margin compression that has become chronic
Big domestic banks remain central players in NZ's growing repo market which is important for monetary policy & financial stability, RBNZ's Karen Silk says
Big domestic banks remain central players in NZ's growing repo market which is important for monetary policy & financial stability, RBNZ's Karen Silk says
RBNZ Assistant Governor Karen Silk says monetary policy is not just about curbing borrowing demand, it’s also about incentivising people to save more
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RBNZ Assistant Governor Karen Silk says monetary policy is not just about curbing borrowing demand, it’s also about incentivising people to save more
RBNZ Governor Anna Breman hints at pause in OCR increases, but keen to prevent giving businesses the opportunity to hike prices
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RBNZ Governor Anna Breman hints at pause in OCR increases, but keen to prevent giving businesses the opportunity to hike prices
Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
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Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
After two Official Cash Rate hikes in a row, Reserve Bank Governor Anna Breman says it's likely there will be a further increase to the OCR but the timing is highly uncertain
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After two Official Cash Rate hikes in a row, Reserve Bank Governor Anna Breman says it's likely there will be a further increase to the OCR but the timing is highly uncertain
[updated]
RBNZ raises the Official Cash Rate by 25 basis points to 2.75%, delivering a back-to-back hike in an effort to curb inflationary pressures
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RBNZ raises the Official Cash Rate by 25 basis points to 2.75%, delivering a back-to-back hike in an effort to curb inflationary pressures
Assistant Governor Karen Silk says RBNZ wants infrastructure in place for digital money before going ahead with any central bank digital currency
Assistant Governor Karen Silk says RBNZ wants infrastructure in place for digital money before going ahead with any central bank digital currency
Reserve Bank's Karen Silk says having resilience in, and sovereignty over, critical infrastructure such as payments can be 'really important'
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Reserve Bank's Karen Silk says having resilience in, and sovereignty over, critical infrastructure such as payments can be 'really important'
Reliance on housing being the sole source of wealth is changing and will continue to change, Reserve Bank Assistant Governor Karen Silk says
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Reliance on housing being the sole source of wealth is changing and will continue to change, Reserve Bank Assistant Governor Karen Silk says
RBNZ Assistant Governor Karen Silk says there’s still ‘some pretty good’ monetary stimulus supporting NZ's economy, election not ‘the thing that's front of mind’ when making OCR decisions
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RBNZ Assistant Governor Karen Silk says there’s still ‘some pretty good’ monetary stimulus supporting NZ's economy, election not ‘the thing that's front of mind’ when making OCR decisions
[updated]
RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus
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RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus
RBNZ Assistant Governor Karen Silk says everyone on the Monetary Policy Committee is comfortable with having their votes made public and despite the split vote, there was still a lot of consensus
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RBNZ Assistant Governor Karen Silk says everyone on the Monetary Policy Committee is comfortable with having their votes made public and despite the split vote, there was still a lot of consensus
‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review
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‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review
Reserve Bank outlines legal basis for its proposed cash standard following push back from banks