Reserve Bank of New Zealand Chief Economist Paul Conway said late Tuesday that the interest rate will tend towards neutral in ...
NZ remained in recession at the end of last year, with unemployment rising above 5% and employment falling again in Q4.
NEW Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.
RBNZ chief economist Paul Conway says the central bank will have to 'feel its way' as the OCR gets closer to its estimate of ...
New Zealands central bank is moving toward a lower neutral interest rate as inflation subsides and pandemic-related ...
NZD/USD drifted on Thursday as kiwi dollar remained under pressure amid growing expectations that the Reserve Bank of New ...
NZD/USD continues to lose ground for the third consecutive day, trading around 0.5660 during the European hours on Wednesday. The pair faces challenges amid risk-off sentiment ahead of the Federal ...
Today's decision follows a slowdown in consumer price inflation in Q3, from Q2's 3.3% annual rate to 2.2% and back within the RBNZ's 1%–3% target range. The RBNZ, which expects inflation to remain ...