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...

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...

RBNZ Maintains Policy Settings But Tilts Towards Less Dovishness

(This story was first published on May 25 at 12:44 PM as an email to premium subscribers)

From the RBNZ’s May Monetary Policy Statement:

--Removes the line on negative or lower OCR if required
--Acknowledges LSAP c...

RBNZ Maintains Policy Settings; Expands QE Capacity By NZ$1.3 Bil...

(This story was originally published at 12:45 PM but was revised at 1:45 PM, and is now being made freely available)

By Sophia Rodrigues

(Sydney, April 14, 2021) -- The Reserve Bank of New Zealand left its monetary policy setti...

Insight: RBNZ’s Forward Guidance And What It Might Mean For MonPo...

(This Insight was first published on Tuesday, April 13 at 2:37 PM as an email to premium subscribers)

By Sophia Rodrigues

(Sydney, April 13, 2021) -- The Reserve Bank of New Zealand is not prescriptive with its forward guidance...

RBNZ Sets Tighter LVR Rules for Investor Mortgages on Signs of Sp...

By Sophia Rodrigues

Signs of speculative dynamic in the New Zealand housing market has prompted the Reserve Bank of New Zealand to announce tighter loan-to-value restrictions than the ones it flagged just two months ago.

The st...