Analysis: RBNZ Highly Likely to Lower OCR 25bps Next Week

(This Analysis was first published on Friday, August 9 at 1:02 PM as an email to trialists and subscribers)

(For subscription options, please email sophia@centralbankintel.com)

--Drop in inflation expectations provides support...

RBNZ Projects Higher OCR Peak As Focus Shifts To Higher Short-ter...

By Sophia Rodrigues

(Sydney, November 23, 2022)—The Reserve Bank of New Zealand raised the official cash rate by 75bps to 4.25% and projected a peak OCR of 5.5% by September 2023 after agreeing to “act decisively” to re...

RBNZ Ups OCR 50bps to 3.0%; Highlights Broad-Based Pricing Pressu...

By Sophia Rodrigues

(Sydney, August 17, 2022)—The Reserve Bank of New Zealand raised the official cash rate by 50 basis points to 3.0% and reiterated its hawkish message by bringing forward the timing of further OCR increases.

RBNZ Governor Orr Admits MonPol Decisions Contributed To High Inf...

By Sophia Rodrigues

(Sydney, July 26, 2022)—The Reserve Bank of New Zealand governor Adrian Orr has acknowledged its monetary policy decisions have contributed to elevated inflation which is well above the remit target range of 1%...

RBNZ Ups OCR 50bps To 1.5%; More Hikes To Come

By Sophia Rodrigues

(Sydney, April 13, 2022)—The Reserve Bank of New Zealand raised the official cash rate by 50 basis points to 1.5%, becoming the first developed-country central bank to deliver a larger hike in the current global...

RBNZ Ups OCR 25bps to 1.0%, Issues Projection For Higher Peak

By Sophia Rodrigues

--Raises OCR 25bps to 1%
--Sees OCR at 2.2% in Dec (up from 2.1%)
--Sees OCR at 3.3% in Dec 2023 (up from 2.6%)
--Sees OCR at 3.4% in March 2025 (previously 2.6% Dec 2024)
--Will not reinve...