Analysis: Hurdle for Negative RBNZ OCR Higher Than Assumed

By Sophia Rodrigues

The hurdle for the Reserve Bank of New Zealand to implement negative official cash rate is higher than previously assumed, making negative rate a more distant possibility. Not only is it data dependent but the RBNZ al...

RBNZ’s Funding for Lending Programme Starts Dec 7

The Reserve Bank of New Zealand’s funding programme for banks that is aimed at lowering borrowing costs in the economy and supporting its inflation and maximum employment objectives, will start on December 7.

The facility – F...

Analysis: RBNZ Orr’s Comment Clearest Signal Negative OCR Off The...

By Sophia Rodrigues

At the media conference on Wednesday, the RBNZ Governor Adrian Orr made a remarkable comment, “I don’t believe we ever said we are going to be implementing a negative OCR.”

It is the cleare...

Analysis: NZ’s Robertson Needs to Talk to RBNZ’s Fin Stability Ar...

By Sophia Rodrigues

New Zealand Finance Minister Grant Robertson is right to be worried about the effect of rising house prices on his government’s aim to reduce inequality and poverty, but the solution to his worry is not in the h...

Analysis: Subtle Shifts Suggest RBNZ Backing Off Negative OCR Pos...

By Sophia Rodrigues

(For subscribers only. Please email me for subscription or trial options)

RBNZ Keeps OCR Unch; To Start Funding for Lending Programme in De...

--Slightly upgrades view on economy but alert to downside risks

By Sophia Rodrigues

The Reserve Bank of New Zealand left the official cash rate unchanged at 0.25% and announced it will provide additional easing to the economy v...