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 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.
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent. The Fed Funds rate in the USA was also left unchanged. Our Governor indicated that on…
The ANZ, NZ's largest Bank, has passed on to its floating rate borrowers a measly 0.05 of the 0.25% cut in the OCR this morning. After announcing the cut Reserve…
The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. There is a bias towards further cuts with the statement "Further policy easing may be required ".…
The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. The housing market was mentioned as has regularly been the case of recent times. ""There are some…
This morning the Reserve Bank updated us with their view of interest rates and the economy which resulted in a cut to the Official Cash Rate to 2.25%. A change…
Following the US Fed Announcement this morning the NZ Reserve Bank also kept the benchmark rate on hold. The growth in Auckland house prices received its customary mention with the…