RBNZ / Reserve Bank of New Zealand stories - Page 2
Cheap oil to boost NZ national income by $2.4 bln a year, RBNZ says
RBNZ forecasts a £1.8bn boost to NZ's income as low oil prices enhance growth and curb inflation.
Tepid inflation surprise raises spectre of lower interest rates
Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.
RBNZ’s Wheeler keeps OCR on hold, no rate hikes ahead
The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down infl.
NZ dollar drops to 5-week low ahead of RBNZ as greenback surges
The New Zealand dollar dropped to a five-week low ahead of the Reserve Bank decision on interest rates today as the greenback surged to a 12-year high.
NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.
Banks relieved as RBNZ drops '5-plus' test for home loans
The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.
NZ dollar falls after RBNZ looks for ways to curb residential property investment
The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.
NZ dollar drops after RBNZ looks at new home loan restrictions
The New Zealand dollar dropped after the Reserve Bank said it's looking at ways to restrict lending on residential property investments, stoking specu.
NZ dollar declines against Aussie ahead of RBA interest rate decision
The New Zealand dollar weakened against the Australian dollar as traders have already priced in an interest rate cut by the Reserve Bank of Australia.
NZ building consents fall for a second month in January, housing permits drop
New Zealand residential building consents declined for a second month in January, with new housing permits falling at their sharpest pace since August.
Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says
New Zealand's government has taken a number of good steps to improve housing supply in Auckland, where prices have soared on a lack of new stock, but.
NZ firms again lower their inflation expectations, see no RBNZ action this year
New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.
English flags further macroprudential tools may be needed to cool housing market
Minister of Finance Bill English says the government is heeding the Reserve Bank of New Zealand's call for more housing in Auckland's bubbling real.
Wheeler says keeping interest rates on hold ‘most prudent option’, eyes Auckland housing market
Reserve Bank governor Graeme Wheeler acknowledged calls to cut interest rates, given the tumbling price of crude oil, before arguing that keeping r.
MARKET CLOSE: NZ shares rise as RBA rate cut stokes demand for yield
New Zealand shares gained after the Reserve Bank of Australia cut its cash rate to a record low, making the returns on offer in New Zealand more at.
Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand
The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.
RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low
The New Zealand dollar, which fell to a four-year low after the Reserve Bank last week dropped its tightening bias and opened the door to possible.
Greenback slips to third in NZ's expanded TWI, yuan at second
The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.
NZ weekly rents rise 5.3% in November as annual increases slow
NZ sees a 5.3% rise in weekly rents for November, signalling a slowing trend in annual increases, with Trade Me noting housing rents plateauing.
NZ dollar gains after RBNZ signals rates still going up
The New Zealand dollar rose after the Reserve Bank kept its key rate on hold, while signalling interest rates will have to go up as the economy gro.
RBNZ sees 44% bounce in whole milk powder in 2015
The Reserve Bank expects whole milk powder prices to rise by about 44 percent next year as the slump in global prices this year prompts less compet.
Japanese investor interest in NZ plumps up Nikko funds
Nikko Asset Management New Zealand, the local subsidiary of the Japanese investment firm, said funds under management topped $4 billion for the fir.
NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend
The New Zealand dollar may hold around current levels this week as traders anticipate Reserve Bank governor Graeme Wheeler could take aim at its re.