New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on ...
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 ...
Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...
The index finished the week ahead by nearly 0.7%.
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.
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.
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 ...
"You might see the OCR fall in New Zealand but it have no impact on mortgage rates. "You could have the odd situation where the Reserve Bank has got its foot on the accelerator trying to reduce ...
Annually, unemployment rose by 33,000 to 156,000, as measured by the Household Labour Force Survey. Stats NZ has released new ...
NEW Zealand’s manufacturing industry expanded for the first time in almost two years, reinforcing signs the economy is starting to respond to lower borrowing costs. Read more at The Business Times.
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.
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