Stephen Toplis
The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes
24th Mar 26, 12:16pm
8
The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes
'Whatever your point of comparison it seems the worst-case scenario could be a lot worse than Treasury envisages,' BNZ head of research says, as projections see inflation hitting 3.8% and in some cases, pushing past 4%
17th Mar 26, 3:25pm
22
'Whatever your point of comparison it seems the worst-case scenario could be a lot worse than Treasury envisages,' BNZ head of research says, as projections see inflation hitting 3.8% and in some cases, pushing past 4%
'It’s nightmare time for the RBNZ. Supply shocks cannot be handled well by central banks. We have had plenty of recent evidence of this'
16th Mar 26, 2:18pm
3
'It’s nightmare time for the RBNZ. Supply shocks cannot be handled well by central banks. We have had plenty of recent evidence of this'
Kiwibank economists say the Reserve Bank may well have to tolerate higher inflation in the short term to avoid raising interest rates into a slowing global economy
9th Mar 26, 2:35pm
22
Kiwibank economists say the Reserve Bank may well have to tolerate higher inflation in the short term to avoid raising interest rates into a slowing global economy
The Reserve Bank's first Official Cash Rate review for the year won't see any changes to interest rates - but there will be plenty of other things to watch out for
15th Feb 26, 6:30am
6
The Reserve Bank's first Official Cash Rate review for the year won't see any changes to interest rates - but there will be plenty of other things to watch out for
BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week
9th Feb 26, 1:57pm
14
BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week
In the Of Interest podcast, Governor Anna Breman says Reserve Bank 'will do what is best for the NZ economy and to reach our inflation target' even if it's an OCR hike in the election run-in
24th Jan 26, 10:06am
3
In the Of Interest podcast, Governor Anna Breman says Reserve Bank 'will do what is best for the NZ economy and to reach our inflation target' even if it's an OCR hike in the election run-in
[updated]
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
23rd Jan 26, 4:33pm
17
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
[updated]
NZIER says QSBO shows economic recovery starting to take shape with effects of lower interest rates flowing into broader economy. BNZ's Toplis sees 'clear signs' inflationary pressures are rising
13th Jan 26, 10:26am
8
NZIER says QSBO shows economic recovery starting to take shape with effects of lower interest rates flowing into broader economy. BNZ's Toplis sees 'clear signs' inflationary pressures are rising
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
18th Dec 25, 2:42pm
8
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
27th Nov 25, 8:45am
15
‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
[updated]
Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year
30th Oct 25, 1:28pm
11
Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year
[updated]
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
25th Aug 25, 11:18am
5
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
‘Game on!’: Economists get more than they expect from the Reserve Bank as it makes a 'bold' move projecting the Official Cash Rate to go as low as 2.5%
21st Aug 25, 7:00am
16
‘Game on!’: Economists get more than they expect from the Reserve Bank as it makes a 'bold' move projecting the Official Cash Rate to go as low as 2.5%
[updated]
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job
20th Aug 25, 2:14pm
41
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job