NZ's Reserve Bank raised the OCR by 0.50% today to take it to 2%. Another 0.50% raise to tackle inflation was indicated for the next meeting. Raises in your Floating…
NZ's Reserve Bank raised the OCR by 0.50% today to take it to 2%. Another 0.50% raise to tackle inflation was indicated for the next meeting. Raises in your Floating…
QE got a boost up to $100B today in the MPS. OCR remains on hold, for now, but a bias to getting the ducks in row to go negative in…
The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March. The Committee noted that a negative Official Cash Rate (OCR)…
This morning the Reserve Bank has slashed the Official Cash Rate by 0.75% to 0.25%. We have never been here before folks. Historic. Floating interest rates and short term fixed…
The OCR was kept on hold today @ 1%. The Monetary Policy Committee adopted a wait and see approach. No changes to Bank lending rates at time of writing.
Today the Reserve Bank slashed the Official Cash Rate from 1.50% to 1%. This is the lowest rate in NZ's history. Swap rates which largely determine fixed interest rate pricing…
The Reserve Bank held the OCR at 1.50% today but cited "....weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over…
The Reserve Bank has today cut the OCR from 1.75% to 1.50% citing "continuing house price softness in some areas" which means in Auckland. It seems unlikely that the 4…
The Reserve Bank has today kept the OCR @ 1.75%. Of interest was the lengthening of the period that it could remain at this low level. ""We expect to keep…
The Reserve Bank has held the Official Cash Rate today @ 1.75%. They noted they are ready to raise or lower the rate if required.