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Showing 1 - 5 of 5 results for "Governor Adrian Orr"

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... have been better (dare I say, sexier) that instead of a printed statement, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr verbally delivered the news that: "The Official Cash Rate (OCR) has been reduced to 1.5%." "The Monetary Policy Committee ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... 2%." These were the rationales behind the Reserve Bank of New Zealand's (RBNZ) decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged at 1.75% after its February 13 monetary policy deliberations. That's A-OK. ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... kept the official cash rate unchanged at 1.75% -- where it had been since November 2016. Not only that, RBNZ governor Adrian Orr said in his statement that the OCR would remain at this level through 2019 and into 2020. And from there, it's anybody's ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
"...the next move in the OCR could be up or down". This was a fair enough hedged bet from the Reserve Bank of New Zealand (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
The prevailing global dynamics of tight labour markets and low inflation is not the sole purview of big developed economies. It's happening in the US - the biggest economy in the world (US$18.6 trillion in 2016, according to World Bank estimates) ...
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