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Search ResultsShowing 31 - 40 of 55 results for "RBNZ"
You go NZ
BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... it! Extra! Wheeler has just wheeled out of the club this morning. Oh sorry, that's Reserve Bank of New Zealand Governor (RBNZ) Graeme Wheeler to us. And heavens bless his soul, else I would be stuck repeating the oh so many iterations about China, Russia/Ukraine/US ...
Down, down, dollar down
BENJAMIN ONG  |  MONDAY, 13 MAY 2013
... rose to a four-year high against the Japanese yen, one-month highs against the euro and the New Zealand dollar (helped by RBNZ Governor Graeme Wheeler's confession that the central bank has intervened in the currency markets to slow the NZ$'s ascent) ...
Market Wrap - Morning
AAP  |  FRIDAY, 29 APR 2011
... WELLINGTON - The New Zealand sharemarket posted modest gains after offshore markets rose and the Reserve Bank of New Zealand (RBNZ) said the current level of the official cash rate was likely to remain appropriate for some time. The benchmark NZX-50 ...
Market Wrap - Morning
AAP  |  THURSDAY, 28 APR 2011
... overnight. The benchmark NZX-50 index closed up 5.56 points, or 0.159 per cent, at 3,492.043 after opening up 6.29 points. The RBNZ is expected to hold the official cash rate at 2.5 per cent at 9am tomorrow and not raise it until the fourth quarter.
Oil central bank
BENJAMIN ONG  |  THURSDAY, 10 MAR 2011
... Bank of New Zealand cut interest rates by 50 bps back to its GFC level of 2.50 per cent. This is no longer big news nor RBNZ Governor Alan Bollard's explanation. "We have acted preemptively in reducing the cash rate to lessen the economic impact of the ...
Market Wrap - Morning
AAP  |  THURSDAY, 10 MAR 2011
... sharemarket failed to keep pace with markets in Asia today as investors waited to see if the Reserve Bank of New Zealand (RBNZ) will cut the official cash rate (OCR) on Thursday. The benchmark NZX-50 index closed down 6.748 points, or 0.197 percent ...
RBNZ could go zero
BENJAMIN ONG  |  MONDAY, 20 JUL 2009
... more optimistic and expects the economy to grow in the final three months of this year. However, his statement that the RBNZ cash rate target could stay at record lows until late next year betrayed this optimism. It appears that the RBNZ is now paying ...
The power of optimism
BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... quantitative easing and is buying gilts directly. The reason why the Swiss National Bank (SNB) and the Reserve Bank of New Zealand (RBNZ) lowered interest rates again last week. Even Australia has had bad news which the market chose to ignore. The All ...
Stagflation policy conundrum
BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. With recession staring the ...
A smoking gun for the RBA
SUZY MAC  |  THURSDAY, 26 JUL 2007
... New Zealand's tight labour market, high capacity use and rising oil and food prices are all sustaining inflation and the RBNZ is hoping this latest rise might finally put a lid on it. Following its less than subtle currency interventions the RBNZ also ...
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