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Showing 1 - 7 of 7 results for "Governor Graeme"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... August Board meeting. It last lowered interest rates from 2.5% to 2.25% back in March this year. According to RBNZ Governor Graeme Wheeler: "Weak global conditions and low interest rates relative to New Zealand are placing upward pressure on the New ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... fallen from a high of 1.6% in the June 2014 quarter to just 0.1% in the December quarter of last year. As RBNZ Governor Graeme Wheeler stated, "While long-run inflation expectations are well-anchored at 2 percent, there has been a material decline in ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
... As the chart below shows, that wasn't the only instance... the RBNZ did the same in mid-2010. According to RBNZ Governor Graeme Wheeler, the decision was taken because: "Globally, economic growth is below average and inflation is low, despite highly ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... 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 interest rates ...

Market wrap

AAP  |  FRIDAY, 30 JAN 2015
... what the NZ Bank did yesterday," Quay Equities head of trading Tristan K'Nell said. New Zealand's Reserve Bank Governor Graeme Wheeler surprised the market on Thursday by saying the next adjustment could be "either up or down". If the RBA cuts the cash ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... has a legislated inflation target of between 1% and 3%, shortly after assuming the post in September last year, Governor Graeme explicitly stated that, "we would like to keep inflation close to the 2% mid-point". Oh yes, both measures of NZ inflation ...

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
... four-year high against the Japanese yen, one-month highs against the euro and the New Zealand dollar (helped by RBNZ Governor Graeme Wheeler's confession that the central bank has intervened in the currency markets to slow the NZ$'s ascent), eight-month ...
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