non-tradable inflation
RBNZ chief economist Paul Conway says future path for the OCR is conditional on how the economy evolves as some bank economists bring their forecasts for increases forward
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RBNZ chief economist Paul Conway says future path for the OCR is conditional on how the economy evolves as some bank economists bring their forecasts for increases forward
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
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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
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
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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
ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing
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ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing
'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'
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'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
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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
Economists are beginning to flirt with a revolutionary idea - that the New Zealand economy might be able to grow and prosper without the traditional leg-up from the housing market
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Economists are beginning to flirt with a revolutionary idea - that the New Zealand economy might be able to grow and prosper without the traditional leg-up from the housing market
In order not to kill our fragile economic recovery, the Reserve Bank's taken something of a calculated gamble that inflation will behave itself
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In order not to kill our fragile economic recovery, the Reserve Bank's taken something of a calculated gamble that inflation will behave itself
[updated]
Reserve Bank holds the Official Cash Rate at 2.25% and is not forecasting a rise until either late this year or early next
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Reserve Bank holds the Official Cash Rate at 2.25% and is not forecasting a rise until either late this year or early next
ASB economists stress the importance of studying 'high frequency' economic data at a time when our official GDP figures are both lagged and containing less reliable data than they did
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ASB economists stress the importance of studying 'high frequency' economic data at a time when our official GDP figures are both lagged and containing less reliable data than they did
Reserve Bank Governor says the bank wants to be in the position next year where monetary policy is off the front pages. 'Let everything else drive the economy and we can sit in the back seat'
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Reserve Bank Governor says the bank wants to be in the position next year where monetary policy is off the front pages. 'Let everything else drive the economy and we can sit in the back seat'
[updated]
Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now
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Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now
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
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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%
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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%
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
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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