The Reserve Bank has cut the OCR by 50 basis points to 2.5 percent, despite acknowledging inflation is still above where they'd like it. Finance Minister N ...
The OCR is now set by a monetary policy committee, made up of three members of the Reserve Bank’s staff – current governor Christian Hawkesby, assistant governor Karen Silk and chief economist Paul ...
Hopes for the economic recovery have been given a significant boost by the Reserve Bank’s decision to “front-load” cuts to the Official Cash Rate. The RBNZ today delivered a 50 basis point cut to the ...
ANZ and Westpac have become the first banks to move interest rates after the Reserve Bank cut the official cash rate. The OCR ...
Media releaseAnnual consumers price index inflation is currently around the top of the Monetary Policy Committee's 1 to 3 percent target band ...
The Reserve Bank is expected to cut the Official Cash Rate today, but how deeply it will cut remains to be seen. Markets are ...
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RBNZ delivers major rate cut as economy falters
The RBNZ has lowered its key interest rate by 300 basis points since August 2024. This is more than what other central banks ...
ANZ has lowered its floating and flexible rates, on top of all major banks already lowering fixed term offerings. Kiwibank chief economist, Jarrod Kerr, says he's been calling for a 2.5 percent cash ...
The Reserve Bank’s decision to cut interest rates is a direct response to the economic damage caused by Christopher Luxon’s mismanagement. “Today’s OCR cut is good news for mortgage holders – but it’s ...
NZDJPY pared some of its gains after a surprise 50 bpbs rate cut by the RBNZ.Intraday trend is still bearish as long as the ...
One of the world’s largest accounting bodies, CPA Australia, welcomes today’s decision by the Reserve Bank of New Zealand (RBNZ) to slash the Official Cash Rate (OCR) by 50 basis points to 2.5 per ...
ASB has practical information for customers on the current interest rate environment available on its website as well support to help customers take control of their financial wellbeing and achieve ...
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