NZ shares rally as investors turn to OCR decision - Market close
The index finished the week ahead by nearly 0.7%.
New Zealand central banker says rates moving toward neutral
A New Zealand central banker on Wednesday said the official interest rate will tend towards neutral in the absence of future shocks to the system as pandemic-related disruptions fade. "Given ...
RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll
New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on ...
RBNZ likely to cut rates, Capital Economics sees deeper cuts
Markets seem to believe the Bank's guidance. Yet, Capital Economics argues that the RBNZ has historically been too cautious with its rate cut forecasts, often having to adjust them due to ...
Business Times9d
New Zealand jobless rate rises to four-year high after recession
NEW Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.
nzcity.co.nz2d
ASB has dropped mortgage rates further this morning, a week out from the Reserve Bank's next Official Cash Rate review
It follows cuts to Kiwibank's advertised rates on Monday.
Morningstar9d
New Zealand's Unemployment Rate Rises to Four-Year High — Update
The Reserve Bank of New Zealand has been cutting interest ... putting the RBNZ on track to deliver a further 50 basis-point cut in the official cash rate on Feb. 19, taking the total reduction ...
Wall Street Journal23d
Contained New Zealand Inflation Clears Path for Further Hefty Rate Cut
SYDNEY—New Zealand’s inflation rate remained largely contained in the fourth quarter, clearing a path for the Reserve Bank of New Zealand to again cut interest rates aggressively in February ...
New Zealand jobless rate rises to four-year high
New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.