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 ...
The experts think in a years' time the OCR should be in a range between 2.50% and 2.75%, with views divided on how much ...
The coming week's Reserve Bank Official Cash Rate decision looks a genuine toss-up between either a 25 point cut or a 50 ...
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 ...
BNZ has cut a number of its home loan rates to match rival banks ahead of tomorrow’s Official Cash Rate (OCR) decision. The ...
The Reserve Bank has cut wholesale interest rates by 50 basis points to 2.5%. It has also left the door open to a further cut in November. It considered a less aggressive move..but noted stronger ...
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