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Showing 61 - 68 of 68 results for "RBNZ"

Daily Economic Update

... for the economy, this will put upward pressure on inflation as company's bid up wages to attract workers - a situation the RBNZ is trying to nip in the bud through higher interest rates.

Daily Economic Update

... monetary policy. Interest rates will remain unchanged in the 'foreseeable future.' For those interested in New Zealand, the RBNZ raised interest rates to a record 7.25 per cent today in order to combat building inflationary pressures.

Daily Economic Update

... country's seven-year deflation will end in the year to March. There is also speculation that the Reserve Bank of New Zealand (RBNZ) will raise interest rates by 25 basis points to 7.25 per cent when it meets on 8 December eased slightly following reports ...

Daily Economic Update

... latest data on New Zealand's labour market have dashed expectations of a reprieve from the Reserve Bank of New Zealand's (RBNZ) interest rate hike campaign. Statistics New Zealand reported that the country's jobless rate fell to a record low 3.4 per ...

NZ interest rates rise

The cash rate in New Zealand now sits at 6.5 per cent after Reserve Bank of New Zealand (RBNZ) again raised interest rates by 25 basis points, the sixth such increase since January 2004. RBNZ Director Dr Allen Bollard cited the strength in New Zealand's ...

ANZ receives RBNZ agreement for amalgamation

ANZ announced on Wednesday it had received written advice from the Reserve Bank of New Zealand confirming its forthcoming consent for legal amalgamation of ANZ New Zealand and The National Bank of New Zealand (NBNZ). The Reserve Bank of New Zealand's ...

ANZ receives RBNZ agreement for amalgamation of NBNZ

ANZ Bank today announced it had received written advice from the Reserve Bank of New Zealand confirming its forthcoming consent for legal amalgamation of ANZ New Zealand and The National Bank of New Zealand (NBNZ). The Reserve Bank of New Zealands formal ...

New Zealand central bank lifts interest rates 25 basis points

The Reserve Bank of New Zealand (RBNZ) gave several reasons for not lifting interest rates yesterday and then lifted them anyway, an economist says. Lifting the official cash rate (OCR) by 25 basis points to 5.5% yesterday, RBNZ governor Alan Bollard ...
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