The Reserve Bank kept to its committment to raise interest rates in an attempt to reduce inflation by raising the OCR 0.50% today. The recent weather events may ultimately keep…
The Reserve Bank kept to its committment to raise interest rates in an attempt to reduce inflation by raising the OCR 0.50% today. The recent weather events may ultimately keep…
Up 75 basis points today and evidently a full 1% raise was considered. The Reserve Banks view is.. ""In New Zealand, household spending remains resilient, especially considering the rise in…
The Reserve Bank kept the pressure on interest rates by raising the OCR, for the 5th time in a row, by 0.50% to 3.50%. Rather unusually it noted they considered…
The OCR was cranked up another 0.50% to 3% yesterday as the Reserve Bank attempts to get the brakes on inflation. The Bank believes the housing market is still overvalued…
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…