OCR
Chief Economist Paul Conway usually has plenty to say about the Reserve Bank's monetary policy decisions. This time he said nothing
2
Chief Economist Paul Conway usually has plenty to say about the Reserve Bank's monetary policy decisions. This time he said nothing
Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation
Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation
The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
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The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
Flabbergasted, spooked and applause; economists’ OCR reactions to what they expect is merely a pause
The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
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The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
[updated]
In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
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In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced
Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced
US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating
US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating
An Official Cash Rate hike that once looked unlikely to happen just 10 days before the election, is now the overwhelmingly expected outcome
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An Official Cash Rate hike that once looked unlikely to happen just 10 days before the election, is now the overwhelmingly expected outcome
Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%
Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%
'Temporary reprieve' of 3.7% September year CPI inflation doesn't see economists pull back from expectations of OCR hike next week
'Temporary reprieve' of 3.7% September year CPI inflation doesn't see economists pull back from expectations of OCR hike next week
US equities rebound, driven by IT sector following strong AI-segment in SpaceX result. US Treasury yields little changed; French 10-year rate up to new high
US equities rebound, driven by IT sector following strong AI-segment in SpaceX result. US Treasury yields little changed; French 10-year rate up to new high
Oil prices swing around on headlines but only modest net movements in markets overall. Weaker US housing market data, including a 12.6% plunge in pending home sales
Oil prices swing around on headlines but only modest net movements in markets overall. Weaker US housing market data, including a 12.6% plunge in pending home sales
Risk sentiment improves, particularly for AI-sector, driving bounce-back for US equities. Commodity currencies outperform; NZD pushes higher. European assets underperform, with spillover of French riots across the region
Risk sentiment improves, particularly for AI-sector, driving bounce-back for US equities. Commodity currencies outperform; NZD pushes higher. European assets underperform, with spillover of French riots across the region
US equities weakened as AI concerns weighed on tech, with the S&P 500 lower. Brent crude hit US$110 amid ongoing supply concerns. US 10-year yields ended a choppy session at 5.07%
US equities weakened as AI concerns weighed on tech, with the S&P 500 lower. Brent crude hit US$110 amid ongoing supply concerns. US 10-year yields ended a choppy session at 5.07%
[updated]
Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures
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Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures