Paul Conway

The OCR could rise to 4% by 2027 as the Reserve Bank risks reigniting inflation through aggressive rate cuts, market economists say

The OCR could rise to 4% by 2027 as the Reserve Bank risks reigniting inflation through aggressive rate cuts, market economists say

Large scale asset purchases remain 'in our toolbox for specific circumstances of extreme economic turbulence,' RBNZ's Paul Conway says

Large scale asset purchases remain 'in our toolbox for specific circumstances of extreme economic turbulence,' RBNZ's Paul Conway says

Research by the Reserve Bank argues the money lost on the Large Scale Asset Purchases during the pandemic was offset by more economic activity and lower debt costs

Research by the Reserve Bank argues the money lost on the Large Scale Asset Purchases during the pandemic was offset by more economic activity and lower debt costs

The Reserve Bank could have limited inflation peak to 6.4% but could not have prevented the spike without breaching its mandate, new analysis suggests

The Reserve Bank could have limited inflation peak to 6.4% but could not have prevented the spike without breaching its mandate, new analysis suggests

Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy

Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy

The global trade war may pose less of a threat to the New Zealand economy than businesses and households expect

The global trade war may pose less of a threat to the New Zealand economy than businesses and households expect

Tariffs will create a negative demand shock in New Zealand that will strengthen the case for a lower Official Cash Rate, provided inflation continues to cool

Tariffs will create a negative demand shock in New Zealand that will strengthen the case for a lower Official Cash Rate, provided inflation continues to cool

Paul Conway says businesses don't appear motivated to make the investments needed to improve productivity in an isolated economy

Paul Conway says businesses don't appear motivated to make the investments needed to improve productivity in an isolated economy

Pandemic inflation still haunts the RBNZ, making policymakers more cautious on rate cuts than economic models advise

Pandemic inflation still haunts the RBNZ, making policymakers more cautious on rate cuts than economic models advise

The Reserve Bank says it isn’t biased towards lowering the Official Cash Rate further after cutting it to 3.25% in a 5-1 vote on Wednesday

The Reserve Bank says it isn’t biased towards lowering the Official Cash Rate further after cutting it to 3.25% in a 5-1 vote on Wednesday

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

A new central bank tool will forecast quarterly economic activity based on high frequency data

A new central bank tool will forecast quarterly economic activity based on high frequency data

Bank of England’s Catherine Mann and RBNZ’s Paul Conway say raising and cutting interest rates quickly was the right thing to do during the crisis

Bank of England’s Catherine Mann and RBNZ’s Paul Conway say raising and cutting interest rates quickly was the right thing to do during the crisis

The Reserve Bank will cut the Official Cash Rate more quickly than expected as it predicts a rapid return to economic equilibrium

The Reserve Bank will cut the Official Cash Rate more quickly than expected as it predicts a rapid return to economic equilibrium

RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end

RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end