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Showing 81 - 90 of 659 results for %22Reserve Bank of New Zealand%22

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
... Zealand's annual inflation rate of 0.4% in the March quarter (from 0.1% in the previous quarter) remains below the Reserve Bank of New Zealand's 1% - 3% inflation target range. The latest reading marks the 6th straight quarter where the headline inflation ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... influence 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 ...

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 ...

Market to open higher

AAP  |  THURSDAY, 30 JUL 2015
... on Thursday, the September share price index futures contract was up 33 points at 5,606. In local economic news, Reserve Bank governor Glenn Stevens is speaking at the Boao Forum for Asia Financial Cooperation Conference in Sydney. The Australian Bureau ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... from there. At the 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 ...

Market set to fall

AAP  |  THURSDAY, 23 JUL 2015
... record as investors bought dividend paying stocks such as Meridian Energy and Contact Energy on the expectation the Reserve Bank will cut the official cash rate. The S&P/NZX 50 Index advanced 50.83 points, or 0.9 per cent, to 5927.74.

Market to open higher

AAP  |  FRIDAY, 19 JUN 2015
... S&P 500 gained 20.80 points (0.99 per cent) at 2,121.24. Analysts attributed the rally largely to Wednesday's Federal Reserve policy announcement and pledge from Chair Janet Yellen that the US central bank will raise interest rates from near-zero levels ...

Market to open flat

AAP  |  THURSDAY, 18 JUN 2015
... Federal Open Market Committee's decision to keep its benchmark fed funds rate in place. Locally on Thursday, the Reserve Bank releases its quarterly bulletin. In Australia, the market on Wednesday was higher as investors took advantage of cheaper stock ...

Market to open higher

AAP  |  WEDNESDAY, 17 JUN 2015
... contract was up 47 points at 5,574. US stocks were up 0.6 per cent, ending a two-day losing streak ahead of a Federal Reserve policy announcement that is expected to shed light on the timing of interest rate hikes. Locally on Wednesday, Westpac-Melbourne ...