Reserve Bank of New Zealand
New Zealand central bank says policy path not preset, guided by inflation outlook
[WELLINGTON] New Zealand’s top central banker said on Wednesday (Dec 10) that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation changed.
New Zealand residential building gain signals economic growth
Construction has been slow to recover from a sharp downturn in 2024 when the economy slumped into recession
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told a parliam...
New Zealand central bank cuts cash rate by 25 bps to 2.25%
Policymakers signal likely end to easing cycle as economy shows early signs of picking up
New Zealand central bank says rate-cut impacts on domestic economy are as expected
[WELLINGTON] New Zealand‘s central bank said on Wednesday that its recent aggressive interest-rate cuts to stimulate a slowing economy at home have been playing out largely as expected.
RBNZ plans to ease restrictions on higher-risk housing loans
Relaxation of the restrictions comes as the housing market has languished, with prices dropping to a two-year low in August
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle
RBNZ seen cutting cash rate with economists split over magnitude
The economy is projected to recover in the second half of the year, and policymakers may decide against a knee-jerk reaction to the poor GDP number
New Zealand appoints Anna Breman as central bank governor
[SYDNEY] New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank governor, making her the first woman in the role.