Karen Silk
Assistant Governor Karen Silk on why the RBNZ stopped buying back cash from banks, the 'cash paradox,' and striving for agreement with banks on cash access for the public
Assistant Governor Karen Silk on why the RBNZ stopped buying back cash from banks, the 'cash paradox,' and striving for agreement with banks on cash access for the public
Chief Economist Paul Conway usually has plenty to say about the Reserve Bank's monetary policy decisions. This time he said nothing
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Chief Economist Paul Conway usually has plenty to say about the Reserve Bank's monetary policy decisions. This time he said nothing
The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
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The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
[updated]
In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
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In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
Applications for the Reserve Bank’s two new Assistant Governor positions and shiny new Chief of Staff role are now officially open, just don't use AI in your application
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Applications for the Reserve Bank’s two new Assistant Governor positions and shiny new Chief of Staff role are now officially open, just don't use AI in your application
Reserve Bank appoints RBNZ economics manager Rebecca Williams to Monetary Policy Committee on one-year term, after 18-month search
Reserve Bank appoints RBNZ economics manager Rebecca Williams to Monetary Policy Committee on one-year term, after 18-month search
Assistant Governor Karen Silk to leave Reserve Bank in December, with two Assistant Governor roles being established in her wake
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Assistant Governor Karen Silk to leave Reserve Bank in December, with two Assistant Governor roles being established in her wake
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
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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