Economists and financial markets are almost unanimous in picking the Monetary Policy Committee will raise the official cash rate later today.
The Reserve Bank (RBNZ) has held the official cash rate (OCR) unchanged at 2.25 percent in a split vote, but warned it will have to raise to counter surging inflation caused by the Middle East ...
Hot on the heels of the Reserve Bank (RBNZ) raising the Official Cash Rate (OCR) in July for the first time in over three ...
ANZ, ASB, BNZ, Westpac and Kiwibank all expect the Reserve Bank to raise the official cash rate to 2.75 percent on 2 September. What it means for mortgages and jobs.
CPA Australia has expressed its support for the Reserve Bank of New Zealand's (RBNZ) decision to reduce the official cash rate (OCR) by 25 basis points to 3%. This adjustment is anticipated to ...
New Zealand’s central bank cut interest rates to a three-year low and signaled further easing, saying the economy has stalled. The local dollar fell. The Reserve Bank’s Monetary Policy Committee ...
The cash rate was increased by 25 basis points on Wednesday, taking it to 2.5 percent.
Reserve Bank of New Zealand Governor Christian Hawkesby reiterated that the bank’s central projection is for the Official Cash Rate to fall by another half-percentage point by year’s end, though the ...
SYDNEY--The Reserve Bank of New Zealand raised interest rates Wednesday in what appeared to be a tentative move by policy makers to combat nagging inflation pressures. The official cash rate was ...
Reserve Bank of New Zealand Governor Anna Breman speaks with CNBC about the outlook for New Zealand's economic growth and inflation following the central bank’s decision to keep the official cash rate ...
It's thought another split vote could be on the cards for today's OCR decision. The Reserve Bank will announce its decision at 2pm. BNZ Head of Research Stephen Toplis expects a 25 basis point ...
AUCKLAND (Reuters) -New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signalled an end to the ...