Policy Targets Agreement
David Hargreaves says with an Official Cash Rate that could well be as low as 0.5% by Christmas, it is not too hard to imagine an OCR with a minus sign in front of it by later next year
6th Oct 19, 4:46am
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David Hargreaves says with an Official Cash Rate that could well be as low as 0.5% by Christmas, it is not too hard to imagine an OCR with a minus sign in front of it by later next year
Reserve Bank makes no change to Official Cash Rate but says it still has scope to provide further stimulus in future if that's needed
25th Sep 19, 2:07pm
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Reserve Bank makes no change to Official Cash Rate but says it still has scope to provide further stimulus in future if that's needed
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
23rd Sep 19, 11:30am
15
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
David Hargreaves takes liberties with metaphors as he ponders the uphill task RBNZ Governor Adrian Orr has as he tries to get New Zealand spending and investing
1st Sep 19, 6:02am
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David Hargreaves takes liberties with metaphors as he ponders the uphill task RBNZ Governor Adrian Orr has as he tries to get New Zealand spending and investing
Reserve Bank Governor Adrian Orr puts in a plug for the Government and businesses to invest more to take advantage of low global interest rates
28th Aug 19, 12:16pm
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Reserve Bank Governor Adrian Orr puts in a plug for the Government and businesses to invest more to take advantage of low global interest rates
Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy
14th Aug 19, 1:05pm
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Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy
In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
8th Aug 19, 12:15pm
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In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
7th Aug 19, 2:08pm
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'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
The RBNZ is forecasting that house price growth will pick up again - and this week's Official Cash Rate cut would seem likely to provide a further boost
10th May 19, 9:22am
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The RBNZ is forecasting that house price growth will pick up again - and this week's Official Cash Rate cut would seem likely to provide a further boost
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
8th May 19, 2:04pm
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RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
Influential RBNZ Survey of Expectations shows an improved outlook for the house price gains over the next two years
8th May 19, 11:26am
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Influential RBNZ Survey of Expectations shows an improved outlook for the house price gains over the next two years
Influential RBNZ Survey of expectations shows significant change in view of house prices this year - with the average pick now for gains of less than 2%
13th Feb 19, 8:50am
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Influential RBNZ Survey of expectations shows significant change in view of house prices this year - with the average pick now for gains of less than 2%
Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little
7th Nov 18, 3:29pm
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Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little
Influential RBNZ Survey of expectations shows anticipated inflation of 2.04% in two years time, up from 2.01% in May; however, GDP tipped to grow just 2.32% in next year, down from 2.64% as expected in May
8th Aug 18, 3:39pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.04% in two years time, up from 2.01% in May; however, GDP tipped to grow just 2.32% in next year, down from 2.64% as expected in May
National’s Amy Adams is concerned the RBNZ’s Monetary Policy Committee will allow the Finance Minister to ‘exert political influence’ over the RBNZ
27th Mar 18, 2:33pm
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National’s Amy Adams is concerned the RBNZ’s Monetary Policy Committee will allow the Finance Minister to ‘exert political influence’ over the RBNZ
The changes announced regarding the Reserve Bank's handling of monetary policy look sensible, but with legislative changes still to come there may yet be room for surprises
26th Mar 18, 4:40pm
The changes announced regarding the Reserve Bank's handling of monetary policy look sensible, but with legislative changes still to come there may yet be room for surprises
Finance Minister Grant Robertson and incoming RBNZ Governor Adrian Orr have signed a new Policy Targets Agreement; new committee to be formed for setting interest rates
26th Mar 18, 9:09am
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Finance Minister Grant Robertson and incoming RBNZ Governor Adrian Orr have signed a new Policy Targets Agreement; new committee to be formed for setting interest rates
Influential RBNZ Survey of expectations shows anticipated inflation of 2.11% in two years time, up from 2.02% in November; house price inflation expectations rise from a low base; wage rise expectations increase
14th Feb 18, 3:30pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.11% in two years time, up from 2.02% in November; house price inflation expectations rise from a low base; wage rise expectations increase
NZ Super Fund CEO Adrian Orr, touted by Finance Minister Grant Robertson as having 'the standing and ability to manage change,' named new Reserve Bank Governor
11th Dec 17, 4:15pm
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NZ Super Fund CEO Adrian Orr, touted by Finance Minister Grant Robertson as having 'the standing and ability to manage change,' named new Reserve Bank Governor
Government considering adding employment target to the RBNZ's price stability objective, and introducing a committee decision-making model for monetary policy decisions; Opposition says employment objective 'redundant at best'
7th Nov 17, 10:27am
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Government considering adding employment target to the RBNZ's price stability objective, and introducing a committee decision-making model for monetary policy decisions; Opposition says employment objective 'redundant at best'
Influential RBNZ Survey of expectations shows anticipated inflation of 2.02% in two years time, down from 2.09% in August; house price inflation expectations fall
6th Nov 17, 3:22pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.02% in two years time, down from 2.09% in August; house price inflation expectations fall
Oliver Hartwich argues the best way for a central bank to achieve both low inflation and low unemployment is to make it pursue price stability alone
28th Oct 17, 8:17am
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Oliver Hartwich argues the best way for a central bank to achieve both low inflation and low unemployment is to make it pursue price stability alone
How long will we have to wait to hear who the new RBNZ Governor will be, and will Winston Peters have a say in the appointment and Policy Targets Agreement?
28th Sep 17, 9:48am
How long will we have to wait to hear who the new RBNZ Governor will be, and will Winston Peters have a say in the appointment and Policy Targets Agreement?
Influential RBNZ Survey of expectations shows anticipated inflation of 2.09% in two years time, down from 2.17% in May and close to the RBNZ's explicit target of 2%
7th Aug 17, 3:17pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.09% in two years time, down from 2.17% in May and close to the RBNZ's explicit target of 2%
In his first article in an election year issues-based analytical series on economic policies, Brian Fallow looks at Labour's plans for monetary policy
8th Mar 17, 6:41am
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In his first article in an election year issues-based analytical series on economic policies, Brian Fallow looks at Labour's plans for monetary policy