The official cash rate was cut to 3.75% from 4.25% ... inflation is back at the midpoint of the RBNZ’s target band, while growth is contracting sharply. The RBNZ said it has scope to cut ...

New Zealand’s economy likely crept out of recession in the fourth quarter but the overall growth impulse still remains weak, ...

The Reserve Bank of New Zealand (RBNZ) lowered the Official Cash Rate (OCR) by 50 basis points (bps) from 4.75% to 4.25%, following the conclusion of the November policy meeting on Wednesday.

Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global ...

The Reserve Bank (RBNZ) says it will open its settlement accounts to non-bank deposit takers such as building societies, as ...

While 12 of 21 economists surveyed by Bloomberg expected the Reserve Bank of New Zealand (RBNZ) to keep the official cash rate at 5.5% tomorrow in Wellington, nine predicted it would embark on an ...

Economists expect a 25-basis point rate cut in April and May, and some think it should go even lower, particularly given the ...

BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follo ...

Statistics New Zealand will release the consumer price index report today. The RBNZ held the official cash rate (OCR) at 5.5% last week but surprised markets by acknowledging signs of a deepening ...

Trade Desk Thoughts: The Reserve bank of New Zealand lowered its Official Cash Rate (OCR) today by 50 basis points to 3.00%. The move was widely expected by economists. “The world economy ...

The extent of interest rate falls can be seen in new data from the Reserve Bank. Borrowers were getting special six-month home loan rates of 5.85 percent on average in February, down from a peak of ...

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday, as the New Zealand's central bank hinted about two additional 25 basis point ...