stimulus

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

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

Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs

Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs

Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'

Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'

Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'

Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'

Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again

Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again

Stephen Roach argues that the Chinese government's muted stimulus is an attempt to wean itself off debt-intensive economic growth

Stephen Roach argues that the Chinese government's muted stimulus is an attempt to wean itself off debt-intensive economic growth

Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time

Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time

The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign

The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign

ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November

ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November

Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise

Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise

BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'

BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'

The banks are demonstrating that they won't hike interest rates just because the Reserve Bank would like them to - so it might be better for the RBNZ to adopt more of a waiting game

The banks are demonstrating that they won't hike interest rates just because the Reserve Bank would like them to - so it might be better for the RBNZ to adopt more of a waiting game

BNZ's head of research says the RBNZ should have opted for a smaller Official Cash Rate rise and caution that further rate rises might be needed; approach taken 'will most definitely generate heightened volatility'

BNZ's head of research says the RBNZ should have opted for a smaller Official Cash Rate rise and caution that further rate rises might be needed; approach taken 'will most definitely generate heightened volatility'

The Reserve Bank has double-pumped the Official Cash Rate with its surprise 50 basis point hike in an effort to blindside the markets. But is it now going to run out of ammo?

The Reserve Bank has double-pumped the Official Cash Rate with its surprise 50 basis point hike in an effort to blindside the markets. But is it now going to run out of ammo?

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike