Interest rates

RBNZ forecasts annual inflation will spike to 4.2% in the June quarter and warns medium-term inflationary pressure will depend on the extent to which higher costs influence price and wage-setting behaviour by firms and workers in the economy

RBNZ forecasts annual inflation will spike to 4.2% in the June quarter and warns medium-term inflationary pressure will depend on the extent to which higher costs influence price and wage-setting behaviour by firms and workers in the economy

The shifting sands of term deposit rate offers sees short rates rise above 3% with rises concentrated in the one year-plus terms, and very long rates at or over 5% again

The shifting sands of term deposit rate offers sees short rates rise above 3% with rises concentrated in the one year-plus terms, and very long rates at or over 5% again

The experts are overwhelmingly in favour of the Reserve Bank keeping the Official Cash Rate unchanged this week - but do see it having to rise in the coming year

The experts are overwhelmingly in favour of the Reserve Bank keeping the Official Cash Rate unchanged this week - but do see it having to rise in the coming year

The Reserve Bank's latest Official Cash Rate review will see no immediate change to the 2.25% rate, but that's about the only predictable part of a very complicated decision

The Reserve Bank's latest Official Cash Rate review will see no immediate change to the 2.25% rate, but that's about the only predictable part of a very complicated decision

Reserve Bank chief economist Paul Conway says supply shocks are not easy for central banks and the Monetary Policy Committee will need to make ‘some finely balanced judgments’

Reserve Bank chief economist Paul Conway says supply shocks are not easy for central banks and the Monetary Policy Committee will need to make ‘some finely balanced judgments’

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Sharply weaker confidence, employment and GDP growth will drive weakness in the housing market, Westpac economists say

Sharply weaker confidence, employment and GDP growth will drive weakness in the housing market, Westpac economists say

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

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

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

Tightening monetary policy in response to a short-lived disruption would only dampen growth without materially improving near-term inflation outcomes, Anna Breman says

Tightening monetary policy in response to a short-lived disruption would only dampen growth without materially improving near-term inflation outcomes, Anna Breman says

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

Reserve Bank pledges to 'support market liquidity and capital market development' as it introduces a Committed Liquidity Facility for deposit takers

Reserve Bank pledges to 'support market liquidity and capital market development' as it introduces a Committed Liquidity Facility for deposit takers

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing

ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing