monetary policy

Reserve Bank cuts almost 200 positions, folds Te Ao Māori and climate teams into wider groups, but retains most economic policy roles

Reserve Bank cuts almost 200 positions, folds Te Ao Māori and climate teams into wider groups, but retains most economic policy roles

Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop

Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop

Westpac economists see about a 30% to 35% chance the Reserve Bank will do another jumbo sized rate cut next month, which could see the OCR end the year at 2.0%

Westpac economists see about a 30% to 35% chance the Reserve Bank will do another jumbo sized rate cut next month, which could see the OCR end the year at 2.0%

RBNZ chief economist acknowledges being nervous that inflation could get embedded in peoples' expectations

RBNZ chief economist acknowledges being nervous that inflation could get embedded in peoples' expectations

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 is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky

The Reserve Bank is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky

Reserve Bank says it sees little risk of inflation and is willing to keep cutting interest rates even with inflation near 3%

Reserve Bank says it sees little risk of inflation and is willing to keep cutting interest rates even with inflation near 3%

The Reserve Bank slashed the Official Cash Rate to 2.50% to bolster faith in an economic recovery that seems to have stalled over the past six months

The Reserve Bank slashed the Official Cash Rate to 2.50% to bolster faith in an economic recovery that seems to have stalled over the past six months

Reserve Bank's annual report reveals former Governor Adrian Orr will receive over $1 million for his last year in the job

Reserve Bank's annual report reveals former Governor Adrian Orr will receive over $1 million for his last year in the job

The experts think in a years' time the OCR should be in a range between 2.50% and 2.75%, with views divided on how much further easing in monetary policy should be required beyond October

The experts think in a years' time the OCR should be in a range between 2.50% and 2.75%, with views divided on how much further easing in monetary policy should be required beyond October

The coming week's Reserve Bank Official Cash Rate decision looks a genuine toss-up between either a 25 point cut or a 50 pointer, with the RBNZ having to decide whether our sickly economy needs a faster push

The coming week's Reserve Bank Official Cash Rate decision looks a genuine toss-up between either a 25 point cut or a 50 pointer, with the RBNZ having to decide whether our sickly economy needs a faster push

Despite growing signs of inflation rising and strongish labour markets, the RBA has held its cash rate target at 3.6% as widely expected

Despite growing signs of inflation rising and strongish labour markets, the RBA has held its cash rate target at 3.6% as widely expected

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

The 49-year-old Swedish central banker has promised radical transparency and to stay ‘laser-focused’ on inflation

The 49-year-old Swedish central banker has promised radical transparency and to stay ‘laser-focused’ on inflation