monetary policy
In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & more
27th Jul 24, 9:14am
15
In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & more
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
24th Jul 24, 3:48pm
15
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
21st Jul 24, 6:00am
156
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy
18th Jul 24, 12:47pm
111
Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy
Politicians didn’t use fiscal policy to fight inflation and should just stop talking about it, Dan Brunskill says
17th Jul 24, 2:47pm
26
Politicians didn’t use fiscal policy to fight inflation and should just stop talking about it, Dan Brunskill says
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
17th Jul 24, 10:56am
177
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
A nation reinvented: 40 years on from its 1984 victory, the Fourth Labour Government still defines NZ, Richard Shaw says
15th Jul 24, 1:07pm
50
A nation reinvented: 40 years on from its 1984 victory, the Fourth Labour Government still defines NZ, Richard Shaw says
ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
14th Jul 24, 9:01am
3
ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
Raghuram Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term
13th Jul 24, 10:08am
13
Raghuram Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term
Policymakers should stop fighting the last war and start focusing on New Zealand’s post-inflation recovery, Dan Brunskill argues
13th Jul 24, 9:21am
46
Policymakers should stop fighting the last war and start focusing on New Zealand’s post-inflation recovery, Dan Brunskill argues
Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
10th Jul 24, 6:37pm
58
Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
10th Jul 24, 2:21pm
111
The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
Kiwibank economists say they would recommend cutting the Official Cash Rate in August
8th Jul 24, 1:45pm
23
Kiwibank economists say they would recommend cutting the Official Cash Rate in August
The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week
7th Jul 24, 6:30am
100
The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
6th Jul 24, 9:10am
38
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
BNZ economists say they hope the Reserve Bank will 'eventually accept' there are a number of relative price increases such as insurance and rates that can be 'looked through'
2nd Jul 24, 10:55am
28
BNZ economists say they hope the Reserve Bank will 'eventually accept' there are a number of relative price increases such as insurance and rates that can be 'looked through'
Agustín Carstens of the Bank for International Settlements says inflation is lower, but not yet low enough in some places, meaning now is not the time to let down our guard
2nd Jul 24, 9:51am
1
Agustín Carstens of the Bank for International Settlements says inflation is lower, but not yet low enough in some places, meaning now is not the time to let down our guard
Latest monthly figures from the Reserve Bank reveal our central bank has seen a decrease in its 'foreign currency intervention capacity' of NZ$732 million last month - the first drop in a year
25th Jun 24, 3:52pm
4
Latest monthly figures from the Reserve Bank reveal our central bank has seen a decrease in its 'foreign currency intervention capacity' of NZ$732 million last month - the first drop in a year
Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high, Stephen Bartos says
20th Jun 24, 12:18pm
Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high, Stephen Bartos says
New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
20th Jun 24, 8:30am
18
New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
[updated]
RBNZ chief economist Paul Conway says the country is in a 'slow-to-no-to-negative' growth environment, but the outlook is slightly more positive for the future and the outlook is also for continued declines in inflation
19th Jun 24, 9:49am
130
RBNZ chief economist Paul Conway says the country is in a 'slow-to-no-to-negative' growth environment, but the outlook is slightly more positive for the future and the outlook is also for continued declines in inflation
[updated]
ANZ economists say 'meaningful progress' in inflation war around the corner, meaning the OCR could be cut earlier than they previously forecast
7th Jun 24, 11:17am
85
ANZ economists say 'meaningful progress' in inflation war around the corner, meaning the OCR could be cut earlier than they previously forecast
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
27th May 24, 4:09pm
2
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
26th May 24, 6:00am
73
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
23rd May 24, 1:23pm
22
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements