Latest Reserve Bank Headlines

NZ dollar drops to week-low as lower inflation seen weighing

Fri, 24 Oct 2014 08:45:38 +1300 | BusinessDesk

Oct. 24 (BusinessDesk) - The New Zealand dollar declined to a week-low after data yesterday showed inflation accelerated at a slower than expected pace in the third quarter, suggesting interest rates may stay at current levels for longer.More >>

RESEND: NZ dollar falls as benign inflation weighs on kiwi

Thu, 23 Oct 2014 17:19:42 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July.More >>

NZ dollar falls as benign inflation data weighs on kiwi

Thu, 23 Oct 2014 17:05:20 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July.More >>

RBNZ risk management to protect system, not individual firms

Thu, 23 Oct 2014 14:44:55 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The Reserve Bank's risk management processes aim to protect the integrity of the entire financial system rather than individual entities, which should be allowed to fail to avoid moral hazard and inefficiency, the regulator says.More >>

Low inflation – time for meaningful wage increases

Thu, 23 Oct 2014 12:53:30 +1300 | New Zealand Council of Trade Unions

With inflation low, now is a good time for workers to negotiate for pay increases that outstrip price rises and deliver real increases in wages and salaries. “For too many people, real pay increases have been missing for several years unless they ...More >>

NZ dollar drops after tepid inflation opens path lower

Thu, 23 Oct 2014 12:28:19 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell about half a US cent after tepid local inflation pushed out the likely timeline for future interest rate hikes and cleared the way for a lower currency.More >>

NZ 3Q inflation misses expecations; kiwi drops

Thu, 23 Oct 2014 10:56:15 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - New Zealand inflation was steady in the third quarter of the year, slowing the annual pace of price increases, and raising the prospect of interest rates staying lower for longer after the data fell short of expectations. ...More >>

Wheeler says LVR policy worth 25-50 basis points off OCR

Thu, 23 Oct 2014 09:47:26 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The Reserve Bank's introduction of limits to low-equity mortgage lending last year had a similar impact on inflation as raising the official cash rate by as much as 50 basis points, governor Graeme Wheeler told a global banking ...More >>

NZ dollar falls ahead of inflation on prospect of low rates

Thu, 23 Oct 2014 08:39:08 +1300 | BusinessDesk

NZ dollar weakens ahead of 3Q inflation on speculation interest rates to stay on hold More >>

NZ Dollar Outlook: Kiwi may decline on weak inflation

Mon, 20 Oct 2014 11:44:31 +1300 | BusinessDesk

Oct. 20 (BusinessDesk) - The New Zealand dollar may decline this week on the expectation weak inflation data will prompt a pull back in forecasts for future interest rate hikes, reducing demand for the local currency.More >>

NZ dollar rises against yen as global sentiment improves

Mon, 20 Oct 2014 08:39:01 +1300 | BusinessDesk

Oct. 20 (BusinessDesk) - The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth, prompting investors to reduce holdings of safe haven currencies such as the yen.More >>

Reserve Bank widens TWI currency basket

Fri, 17 Oct 2014 12:06:25 +1300 | BusinessDesk

Oct. 17 (BusinessDesk) - The Reserve Bank of New Zealand will broaden the currency basket it uses to calculate the value of the local dollar, to better reflect the nation's trading relationships.More >>

ASB Farmshed Economics Report

Fri, 17 Oct 2014 12:02:30 +1300 | ASB Bank

“ As we predicted in last month’s Farmshed, the beef boom has hit new heights and beef prices are currently 5% higher than the previous peak seen way back in September 2008,” says ASB Rural Economist Nathan Penny. “The US appetite for beef shows ...More >>

NZ dollar drops in volatile markets amid Fed uncertainty

Fri, 17 Oct 2014 08:45:12 +1300 | BusinessDesk

Oct. 17 (BusinessDesk) - The New Zealand dollar weakened in volatile trading amid investor uncertainty about the policy direction of the US Federal Reserve. More >>

Take the plunge and get your money fighting fit

Fri, 10 Oct 2014 09:48:47 +1300 | NZ Bankers' Association

The New Zealand Bankers’ Association is encouraging people to get their money fighting fit during Money Week which runs from 13 to 19 October. More >>

NZ dollar gains after Fed's greenback concerns

Thu, 9 Oct 2014 17:15:35 +1300 | BusinessDesk

Oct. 9 (BusinessDesk) - The New Zealand dollar gained after minutes from the Federal Reserve's September policy meeting surprised traders, showing the world's biggest central bank was concerned with the strength of the greenback.More >>

NZ dollar jumps over Fed's concerns on strong greenback

Thu, 9 Oct 2014 08:49:02 +1300 | BusinessDesk

NZ dollar jumps a cent after Fed says it is concerned about strong US dollar More >>

NZ dollar gains as markets dig in for more Fed news

Wed, 8 Oct 2014 08:39:42 +1300 | BusinessDesk

Oct. 8 (BusinessDesk) - The New Zealand dollar gained as markets dial back their support for the US dollar as they await more information from the US Federal Reserve on its plans to shift away from running a zero interest rate policy.More >>

RBA holds cash rate unchanged at 2.5%

Tue, 7 Oct 2014 17:05:39 +1300 | BusinessDesk

Oct. 7 (BusinessDesk) - The Reserve Bank of Australia has left the cash rate unchanged at 2.5 percent, as widely expected, though warned about the challenges of a weakening property market in the near term. More >>

RBNZ more than talk

Fri, 3 Oct 2014 12:46:41 +1300 | Manufacturers and Exporters Association

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions, completed during September 2014, shows total sales in August 2014 decreased 1.01% (year on year export sales increased by 14.1% with domestic ...More >>

 

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