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Showing 41 - 50 of 74 results for "RBNZ"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... structures and equipment and staff. That would lead to price discounting and lower wages and even lower expected inflation. RBNZ cuts interest rates Low inflation and currency strength were also the main reasons cited by the Reserve Bank of New Zealand ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
... inflation rate had been below 1.0% and provides added scope for the New Zealand central bank to again cut interest rates. The RBNZ last reduced the official cash rate by 25 bps on the 10th of March to a record low 2.25%. The core inflation rate stood ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
Is the Reserve Bank of New Zealand (RBNZ) just toying with monetary policy or what? This is the feeling one gets when one looks at the history of the RBNZ's adjustments to its official cash rate target over the past few years. Yesterday's decision by ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... - on 11 June and 23 July that took the official cash rate down to 3.0%... and expectations of more to come. According to RBNZ governor Graeme Wheeler, "New Zealand's economy is currently growing at an annual rate of around 2.5 percent, supported by low ...

BOJ in (tactical) retreat

BENJAMIN ONG  |  THURSDAY, 11 JUN 2015
... kick back, relax and await the official "deal" announcement. Speaking of announcements, the Reserve Bank of New Zealand (RBNZ) announced an unexpected cut in its official cash rate from 3.5% to 3.25% -- the first rate reduction since March 2011 -- "given ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
... Australia, India, Singapore, China, Peru, Turkey, Russia and Canada; QE by the ECB; more (or longer) QE by the BOJ; and the RBNZ's policy hawk to dove reversal. Financial markets expect more easing moves from the same central banks and from others joining ...

Someone mentioned the "S-word" on Wall Street

BENJAMIN ONG  |  FRIDAY, 26 SEP 2014

This means war (again)

BENJAMIN ONG  |  FRIDAY, 14 MAR 2014
... surprise uptick in January industrial production. Not to mention, New Zealand. Its economy is gaining such momentum that the RBNZ raised interest rates there only yesterday. Only yesterday, too, we learned that while the unemployment rate remained at ...

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 ...