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Showing 41 - 50 of 89 results for "Reserve Bank of New Zealand"

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... market moods and outcomes, the events of the past week showed that CBs are anything but powerless. The Reserve Bank of New Zealand's (RNBZ) unexpected 25 basis point reduction that took the official cash rate down to 2.25% last Thursday (10th of March) ...

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
... end of last week's trade the NZ$ was buying 9.1% less A$ (A$0.9036). What gives? What gave it the Reserve Bank of New Zealand's two interest rate reductions in two consecutive policy meetings - 25 bps reductions each - on 11 June and 23 July that took ...

BOJ in (tactical) retreat

BENJAMIN ONG  |  THURSDAY, 11 JUN 2015
... now is 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 ...

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
... first un-calendared policy shift since the September 11, 2001 terrorist attacks on the US. While the Reserve Bank of New Zealand's decision to leave the cash rate unchanged at 3.5% was largely expected on the 29th, Governor Wheeler's change of tune from ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... Read all about 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 ...

NZ Super CEO appointed deputy chair of IFSWF

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
... Superannuation - the body which manages the New Zealand Superannuation Fund - Orr was deputy governor of the Reserve Bank of New Zealand. Prior to that he was chief economist at Westpac Banking Corporation. "The IFSWF is now establishing a permanent ...

Market Wrap AM

AAP  |  FRIDAY, 13 SEP 2013
... showing signs of perking up. WELLINGTON - New Zealand shares continued their upwards creep as the Reserve Bank of New Zealand said it believes economic recovery is gaining momentum. The NZX50 Index rose 6.60 points, or 0.14 per cent, to 4,641.497.

Market Wrap - Morning

AAP  |  MONDAY, 16 MAY 2011
... higher at 2,871.03 WELLINGTON - Prices on the New Zealand sharemarket ended little changed, even though Reserve Bank of New Zealand governor Alan Bollard again signalled that interest rates will remain low. The benchmark NZX-50 index closed down 4.5 ...