Interest rates

RBNZ Assistant Governor Karen Silk says Monetary Policy Committee will keep an eye on price setting behaviour and world dynamics that could potentially influence how the Official Cash Rate moves

RBNZ Assistant Governor Karen Silk says Monetary Policy Committee will keep an eye on price setting behaviour and world dynamics that could potentially influence how the Official Cash Rate moves

Forty-five percent of first home buyers' mortgages were low equity loans in October

Forty-five percent of first home buyers' mortgages were low equity loans in October

Finance Minister Nicola Willis says she hopes the Reserve Bank’s OCR cut will flow through to mortgage holders, telling banks they have a stake in the economy and they should 'pass on as much as possible'

Finance Minister Nicola Willis says she hopes the Reserve Bank’s OCR cut will flow through to mortgage holders, telling banks they have a stake in the economy and they should 'pass on as much as possible'

‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected

‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected

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'

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'

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

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

Co-operative Bank first to cut floating mortgage rate following RBNZ's OCR cut with a 31 bps reduction to 4.99%. Westpac, ANZ & ASB cut 20 bps, Kiwibank & BNZ by only 15 bps

Co-operative Bank first to cut floating mortgage rate following RBNZ's OCR cut with a 31 bps reduction to 4.99%. Westpac, ANZ & ASB cut 20 bps, Kiwibank & BNZ by only 15 bps

Chief Economist Mike Jones says the end of the RBNZ's rate cutting cycle is in sight and longer term mortgage rates may already be bottoming out

Chief Economist Mike Jones says the end of the RBNZ's rate cutting cycle is in sight and longer term mortgage rates may already be bottoming out

Kiwibank economists say the economic recovery they anticipated for this year stalled, activity lost momentum 'and Kiwi households and businesses have suffered further'

Kiwibank economists say the economic recovery they anticipated for this year stalled, activity lost momentum 'and Kiwi households and businesses have suffered further'

The experts mostly see the OCR at 2.25%-2.5% in a year's time but have concerns about the possibility of the Reserve Bank over-stimulating the economy.

The experts mostly see the OCR at 2.25%-2.5% in a year's time but have concerns about the possibility of the Reserve Bank over-stimulating the economy.

Reserve Bank virtually compelled to cut interest rates again in the coming week, but it's likely to want to keep its options completely open for the start of next year

Reserve Bank virtually compelled to cut interest rates again in the coming week, but it's likely to want to keep its options completely open for the start of next year

Results from the latest business survey for the Reserve Bank show expectations of future inflation have reduced - backing up results from two other RBNZ surveys in recent days

Results from the latest business survey for the Reserve Bank show expectations of future inflation have reduced - backing up results from two other RBNZ surveys in recent days

There are ‘no obstacles’ to another Official Cash Rate cut, economists say, and they expect inflation to fall as Statistics New Zealand’s latest Selected Price Indexes shows annual food prices up 4.7% in October

There are ‘no obstacles’ to another Official Cash Rate cut, economists say, and they expect inflation to fall as Statistics New Zealand’s latest Selected Price Indexes shows annual food prices up 4.7% in October

RBNZ survey shows expectations of the future level of inflation have barely changed and remain 'anchored' near 2% despite the rise in actual annual inflation to 3%

RBNZ survey shows expectations of the future level of inflation have barely changed and remain 'anchored' near 2% despite the rise in actual annual inflation to 3%

Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'

Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'