Reserve Bank of New Zealand Governor Christian Hawkesby reiterated that the bank’s central projection is for the Official Cash Rate to fall by another half-percentage point by year’s end, though the ...
The Reserve Bank of New Zealand meets Wednesday and according to all 28 economists polled by Reuters, they will remain on hold at 5.50% for a fourth straight meeting. The RBNZ may communicate a ...
Feb 27 (Reuters) - The Reserve Bank of New Zealand on February 28 will deliver its first policy update since November. The overwhelming consensus view is for the bank to leave the official cash rate ...
SYDNEY—The Reserve Bank of New Zealand left its official cash rate steady at a policy meeting on Wednesday, but signaled that the rate will need to remain restrictive for some time yet given that ...
New Zealand’s central bank cut its Official Cash Rate (OCR) by 50 basis points to 2.5%, moving faster than most forecasters had expected. The Reserve Bank of New Zealand (RBNZ) said the ...
The NZD/USD exchange rate suffered a harsh reversal after the strong US jobs numbers and as traders positioned for this week’s Reserve Bank of New Zealand (RBNZ) interest rate decision. It slipped by ...
WELLINGTON (Reuters) - New Zealand’s central bank is expected to cut its official cash rate by 25 basis points to 3.50% on Wednesday and economists say the bank could make more cuts in 2025 as it ...
SYDNEY—The job of the Reserve Bank of New Zealand to tame inflation seems far from over, with ANZ forecasting two more interest rate increases by April. ANZ’s chief economist, Sharon Zollner, said on ...
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