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QE

Goldsmith pleased about getting Robertson to rule out writing off Government debt; RBNZ confirms it doesn't expect debt to be written off
27th Aug 20, 8:09pm
52
Goldsmith pleased about getting Robertson to rule out writing off Government debt; RBNZ confirms it doesn't expect debt to be written off
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
88
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
Some bank economists are raising various concerns and perceived problems ahead of New Zealand's likely move into 'below zero' territory with interest rates next year
24th Aug 20, 2:18pm
9
Some bank economists are raising various concerns and perceived problems ahead of New Zealand's likely move into 'below zero' territory with interest rates next year
Wigram Capital Advisors' Rodney Jones on cutting the OCR below 25 basis points, the economic gains from eliminating COVID-19, and winning ugly against the virus like the 2011 All Blacks
24th Aug 20, 10:03am
25
Wigram Capital Advisors' Rodney Jones on cutting the OCR below 25 basis points, the economic gains from eliminating COVID-19, and winning ugly against the virus like the 2011 All Blacks
Roger J Kerr says the current monetary policy settings are not changing any behaviour in the economy and thus are ineffective and impotent
24th Aug 20, 8:25am
17
Roger J Kerr says the current monetary policy settings are not changing any behaviour in the economy and thus are ineffective and impotent
Gareth Vaughan on the lack of a positive impact from QE on bank lending, everything is going to be repriced, stealing from our kids, the degrowth movement, reported COVID-19 deaths & excess deaths
20th Aug 20, 9:04am
45
Gareth Vaughan on the lack of a positive impact from QE on bank lending, everything is going to be repriced, stealing from our kids, the degrowth movement, reported COVID-19 deaths & excess deaths
Economists at ANZ and ASB now see the Reserve Bank taking the Official Cash Rate negative next year
18th Aug 20, 2:00pm
74
Economists at ANZ and ASB now see the Reserve Bank taking the Official Cash Rate negative next year
Adrian Orr on how a second Covid-19 outbreak will affect the RBNZ's QE programme, why he likes a negative OCR/term lending duo, and what the side-effects of all this stimulus could be
13th Aug 20, 5:44pm
113
Adrian Orr on how a second Covid-19 outbreak will affect the RBNZ's QE programme, why he likes a negative OCR/term lending duo, and what the side-effects of all this stimulus could be
RBNZ makes way to front load bond-buying, but recognises quantitative easing has its limits, so prepares to use a new combo of monetary policy tools
13th Aug 20, 8:58am
98
RBNZ makes way to front load bond-buying, but recognises quantitative easing has its limits, so prepares to use a new combo of monetary policy tools
RBNZ says a package of additional monetary instruments, including possibly a negative Official Cash Rate 'must remain in active preparation'
12th Aug 20, 2:11pm
103
RBNZ says a package of additional monetary instruments, including possibly a negative Official Cash Rate 'must remain in active preparation'
Economists flag potential for quantitative easing to reach its limit if government spending and debt issuance end up being lower than forecast
11th Aug 20, 5:00am
25
Economists flag potential for quantitative easing to reach its limit if government spending and debt issuance end up being lower than forecast
Brian Fallow asks just how freaked out or sanguine we should be about burgeoning public debt
9th Aug 20, 6:02am
50
Brian Fallow asks just how freaked out or sanguine we should be about burgeoning public debt
Influential RBNZ survey sees house price falls over the next 12 months of a little over 1%; expectations of inflation have recovered from the record lows seen the in last survey
6th Aug 20, 3:51pm
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Influential RBNZ survey sees house price falls over the next 12 months of a little over 1%; expectations of inflation have recovered from the record lows seen the in last survey
Quantitative easing is surely driving down interest rates and in time will most likely lead to inflation. Whether it will stimulate the economy is much more problematic
25th Jul 20, 9:35am
114
Quantitative easing is surely driving down interest rates and in time will most likely lead to inflation. Whether it will stimulate the economy is much more problematic
Bernstein analysts suggest the scale and social impact of the public policy response to the COVID-19 pandemic will ultimately prove inflationary
22nd Jul 20, 3:39pm
3
Bernstein analysts suggest the scale and social impact of the public policy response to the COVID-19 pandemic will ultimately prove inflationary
David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen
19th Jul 20, 6:02am
145
David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen
The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector
15th Jul 20, 1:06pm
56
The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector
Treasury issues $4.5 billion of 21-year NZ Government Bonds after $8.5 billion of bids 
14th Jul 20, 5:42pm
4
Treasury issues $4.5 billion of 21-year NZ Government Bonds after $8.5 billion of bids 
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
12th Jul 20, 7:42am
by Guest
48
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
ANZ economists say it is 'possible but unlikely' a negative Official Cash Rate might be employed next year if the economic outlook became bad enough
9th Jul 20, 2:51pm
9
ANZ economists say it is 'possible but unlikely' a negative Official Cash Rate might be employed next year if the economic outlook became bad enough
The NZ dollar may have strengthened, but trying to weaken it wouldn't achieve as much as it would've before Covid smashed international tourism, argues banking consultant
3rd Jul 20, 2:56pm
29
The NZ dollar may have strengthened, but trying to weaken it wouldn't achieve as much as it would've before Covid smashed international tourism, argues banking consultant
Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year
25th Jun 20, 2:09pm
15
Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year
RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary
24th Jun 20, 2:08pm
94
RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary
The flooding of capital markets with massive new money from the RBNZ's quantitative easing program calls for a fuller debate of what the central bank and the Minister of Finance are trying to achieve, says Keith Woodford
21st Jun 20, 6:02am
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The flooding of capital markets with massive new money from the RBNZ's quantitative easing program calls for a fuller debate of what the central bank and the Minister of Finance are trying to achieve, says Keith Woodford
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
18th Jun 20, 2:16pm
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ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut