Tag Archives: RBNZ

The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on Wednesday, August 17 at 02:00 GMT. After July’s central bank meeting, the RBNZ hinted at concerns about slowing growth. Even heading into July’s meeting, the Bank of New Zealand head of research warned that the latest …

The NZD/USD pair drops from last week’s highs around 0.6468 on risk aversion. China’s economic slowdown looming and bleak NY Fed Empire State Index underpin the US dollar.The Reserve Bank of New Zealand is expected to hike rates by 50 bps on Wednesday. The NZD/USD snaps five days of gains …

The Reserve Bank of New Zealand is expected to stick to its hawkish stance and go on with a fourth straight half-point rate hike, in August, continuing its most aggressive tightening in over two decades in an attempt to control the country’s stubbornly-high inflation,” as per the latest Reuters poll …

The Reserve Bank of New Zealand General Manager Christian Hawkesby said, on Monday, that the central bank needs to tighten conditions past neutral of 2% and reduce stimulus. Hawkesby forecasts a period of subdued consumption. He also said the risk of a recession is a possibility. The NZD was boosted …

Following Tuesday’s Reserve Bank of New Zealand’s interest rate decision, the governor, Adrian Orr said, Wednesday that he can’t rule out a recession but he does not predict it is inevitable. Orr also said an increasing labour force will push the jobless rate up and that government spending is adding …

The Reserve Bank of New Zealand’s governor Adrian Orr stated that the RBNZ doesn’t see stagflation as a core risk, adding that ”it’s business as usual” on monetary policy and the central banks have ”no regrets on monetary policy,” and that he is ”proud of where we are”.Orr added that …

The Reserve Bank of New Zealand released its May 2022 Financial Stability Report. Reuters posted key notes from the reports follows:The New Zealand financial system remains well placed to support the economy.House prices remain above sustainable levels despite recent declines.Rising global interest rates have put downward pressure on the prices …

New Zealand’s economy grew less than economists expected in the final three months of 2021 as it bounced back from a contraction caused by a lockdown in largest city Auckland. Gross domestic product rose 3% from the third quarter, when it fell a revised 3.6%, Statistics New Zealand said Thursday …

The NZD/USD pair grinds higher around three-day top, pokes February high. Market sentiment steadily recreases as Russia continues attack on Ukraine, peace talks extended through the week without any clear results.The diplomats assured further talks during this week but Moscow isn’t ready to step back as Russian troops bombard civilian …

Benefitted from the Reserve Bank of New Zealand (RBNZ) 25 bps rate hike and its hawkish move forward guidance, the AUD/USD climbs to fresh monthly highs, around 0.7280. A sudden swing in the market mood due to elevated tensions in Ukraine decreased appetite for risk-sensitive currencies like the AUD. At …