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Tariffs will create a negative demand shock in New Zealand that will strengthen the case for a lower Official Cash Rate, ...
"Drought, inflation, labor shortages and market instability" have led to a long-term inventory decline, while land, feed, labor and processing costs have skyrocketed, said Hackett. "It's a full-system ...
Reserve Bank of Australia Governor Michele Bullock has delivered some bad news for Aussies paying off a mortgage.
The European Central Bank left interest rates unchanged on Thursday after cutting eight times in a year, biding its time ...
The Reserve Bank’s deliberate plan to hold back on big cash rate increases worked as intended. Now its message is that the ...
In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...
A top New Zealand central banker said on Thursday that while the full impact of U.S. tariffs remains uncertain, they could ...
New Zealand’s central bank is ready to cut interest rates further if the outlook for price pressures continues to soften as expected, chief economist Paul Conway said, warning that US tariffs are ...
However, the economy is currently supported by high export prices and lower interest rates, he says.In a speech delivered to ...
A fifth of New Zealanders surveyed said they struggled to pay their power bills in the past year, forcing them to choose ...
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