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.

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 ...

NAB has become the first of the Big Four banks to cut its fixed interest rates ahead of the all-important Reserve Bank (RBA) ...

Market Overview Analysis by XM Group (Trading Point) covering: Euro US Dollar, British Pound US Dollar, Alphabet Inc Class A, ...

Australia’s central bank will embark on interest-rate cuts next month, according to a majority of economists polled by ...

The Bank of Canada and the Riksbank both made rate cuts in line with market expectations, while the US Federal Reserve opted ...

Global asset markets in holding pattern ahead of the FOMC. Bank of Canada cuts rates by 25bp. Australian Q4 CPI softer than ...

"Over the next three years, we currently expect potential output growth to range between 1.5 percent and 2 percent per year.

The Reserve Bank of New Zealand (RBNZ) says monetary policy remains in restrictive territory despite slashing interest rates by 125bps this cycle, implying there will be a need to continue reducing ...

RBNZ’s Conway said rate will tend towards neutral in the absence of future shocks to the system as pandemic-related disruptions fade.

Reserve Bank of New Zealand Chief Economist Paul Conway said late Tuesday that the interest rate will tend towards neutral in ...