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monetary policy

Reserve Bank lifts Official Cash Rate for first time in 7 years to 0.50% as widely expected
6th Oct 21, 2:05pm
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Reserve Bank lifts Official Cash Rate for first time in 7 years to 0.50% as widely expected
RBNZ Assistant Governor Christian Hawkesby indicates the RBNZ will hike interest rates more slowly than it cut them, pouring cold water on the prospect of large 50-point hikes
21st Sep 21, 9:44am
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RBNZ Assistant Governor Christian Hawkesby indicates the RBNZ will hike interest rates more slowly than it cut them, pouring cold water on the prospect of large 50-point hikes
Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
16th Sep 21, 3:11pm
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Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
Global researcher Capital Economics says if the rise in shipping costs is fully passed on this will boost consumer prices globally by about 2%
15th Sep 21, 11:19am
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Global researcher Capital Economics says if the rise in shipping costs is fully passed on this will boost consumer prices globally by about 2%
Delta sees Government empowered to spend billions more than what was budgeted for this year; Too early to say how much of the new contingency will be used and whether more debt will be required
9th Sep 21, 1:41pm
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Delta sees Government empowered to spend billions more than what was budgeted for this year; Too early to say how much of the new contingency will be used and whether more debt will be required
RBNZ Deputy Governor and head of financial stability Geoff Bascand to leave the central bank in January
7th Sep 21, 12:15pm
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RBNZ Deputy Governor and head of financial stability Geoff Bascand to leave the central bank in January
The Covid Alert Level split between Auckland and the rest of NZ could see delays and shortages of goods in some parts of the country, Westpac economists say
6th Sep 21, 2:02pm
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The Covid Alert Level split between Auckland and the rest of NZ could see delays and shortages of goods in some parts of the country, Westpac economists say
Finance Minister Grant Robertson believes the policy response to this Covid-19 outbreak won't exacerbate inequality, although he still wants house prices to keep rising, but at a slower rate
3rd Sep 21, 8:30am
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Finance Minister Grant Robertson believes the policy response to this Covid-19 outbreak won't exacerbate inequality, although he still wants house prices to keep rising, but at a slower rate
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
31st Aug 21, 2:27pm
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging
30th Aug 21, 3:49pm
Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging
RBNZ analytical note suggests OCR change is felt by home loan borrowers within a month, with biggest impact taking 6 months
30th Aug 21, 11:39am
RBNZ analytical note suggests OCR change is felt by home loan borrowers within a month, with biggest impact taking 6 months
Yu Yongding predicts that, even with looser fiscal and monetary policy, China's economic performance will disappoint
26th Aug 21, 11:27am
by Guest
6
Yu Yongding predicts that, even with looser fiscal and monetary policy, China's economic performance will disappoint
RBNZ Chief Economist Yuong Ha on what it would take for the RBNZ to drop its tightening bias, and why the RBNZ is hesitant about selling the government bonds it owns
24th Aug 21, 3:37pm
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RBNZ Chief Economist Yuong Ha on what it would take for the RBNZ to drop its tightening bias, and why the RBNZ is hesitant about selling the government bonds it owns
NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
23rd Aug 21, 2:43pm
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NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
The RBNZ is fixed on using the OCR to eventually tighten monetary policy, and is in no rush to do so by shrinking its $54 billion bond portfolio
19th Aug 21, 7:32am
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The RBNZ is fixed on using the OCR to eventually tighten monetary policy, and is in no rush to do so by shrinking its $54 billion bond portfolio
Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
18th Aug 21, 2:07pm
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Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
17th Aug 21, 8:53pm
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ASB & Westpac economists no longer see the RBNZ hiking interest rates on Wednesday; Finance Minister comments it's the RBNZ's job to look to the 'medium-term'
Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?
15th Aug 21, 6:01am
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Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?
Inflation expectations are so strong, Reserve Bank observers now believe there's a higher likelihood of the central bank lifting the OCR by 50 basis points, than there is of it making no change
14th Aug 21, 9:10am
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Inflation expectations are so strong, Reserve Bank observers now believe there's a higher likelihood of the central bank lifting the OCR by 50 basis points, than there is of it making no change
Peter Redward argues the case for aggressive Official Cash Rate hikes isn’t as compelling as it might seem, especially with the threat of an outbreak of the Delta variant of COVID-19 lurking menacingly
10th Aug 21, 9:36am
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Peter Redward argues the case for aggressive Official Cash Rate hikes isn’t as compelling as it might seem, especially with the threat of an outbreak of the Delta variant of COVID-19 lurking menacingly
Journalists have a yarn about immigration settings being in flux, who will feel the pinch of tighter mortgage lending restrictions, and next Wednesday's big interest rate decision
9th Aug 21, 1:21pm
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Journalists have a yarn about immigration settings being in flux, who will feel the pinch of tighter mortgage lending restrictions, and next Wednesday's big interest rate decision
Independent economist Rodney Dickens gives the RBNZ both barrels, arguing its incompetence in assessing the outlook for house prices and the labour market is so bad it will be a fluke if it makes good OCR decisions
6th Aug 21, 7:02am
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Independent economist Rodney Dickens gives the RBNZ both barrels, arguing its incompetence in assessing the outlook for house prices and the labour market is so bad it will be a fluke if it makes good OCR decisions
Reserve Bank concedes its annual house price growth forecasts have been off by an average of 5.2 percentage points over the past decade
4th Aug 21, 5:23pm
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Reserve Bank concedes its annual house price growth forecasts have been off by an average of 5.2 percentage points over the past decade
Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
4th Aug 21, 11:01am
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Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
2nd Aug 21, 9:07am
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Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages