RESERVE-BANK-OF-NZ

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...

RESERVE-BANK-OF-NZ, 13 Apr 2022, 12:53 PM
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...

RESERVE-BANK-OF-NZ, 23 Feb 2022, 12:33 PM
RBNZ Ups OCR By 25bps; Raises OCR Forecast Track To 2.6% From 2.1...

By Sophia Rodrigues

(Sydney, November 24, 2021)—The Reserve Bank of New Zealand raised the official cash rate for the second meeting in a row, taking the rate to 0.75%, saying higher interest rates are needed to maintain price stab...

RESERVE-BANK-OF-NZ, 24 Nov 2021, 12:45 PM
RBNZ Orr: Global Rates Bigger Driver Of High NZ House Prices, Not...

By Sophia Rodrigues

(Sydney, November 2, 2021)—The secular decline in global interest rates has played a bigger part in rise in New Zealand house prices, rather than the official cash rate, Reserve Bank of New Zealand Governor Adri...

RESERVE-BANK-OF-NZ, 02 Nov 2021, 07:59 AM
RBNZ Raises OCR By 25bps To 50bps; More Hikes Expected Over Time

By Sophia Rodrigues

(Sydney, October 6, 2021)—The Reserve Bank of New Zealand raised the official cash rate by 25 basis points to 0.50% and signalled more rate hikes can be expected over time as it strives to maintain low inflation...

RESERVE-BANK-OF-NZ, 06 Oct 2021, 01:04 PM
RBNZ Tightens Mortgage Rule For Owner-Occupiers; Sees Short-Term...

By Sophia Rodrigues

(Sydney, September 23, 2021)—The Reserve Bank of New Zealand is going ahead with its proposal to tighten mortgage rule for owner-occupiers but delayed the implementation by a month to account for disruptions cau...

RESERVE-BANK-OF-NZ, 23 Sep 2021, 01:25 PM