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Press Release – Reserve Bank The Monetary Policy Committee agreed to reduce the current stimulatory level of monetary settings in order to meet its consumer price and employment objectives over the medium-term. The Reserve Bank will halt additional asset purchases under the … The Monetary Policy Committee agreed to reduce the current stimulatory level of monetary settings in order to meet its consumer price and employment objectives over the medium-term. The Reserve Bank will halt addition...

* Kiwi jumps to three-month high, above 73 U.S. cents (Adds Governor Orr's comments from a press conference, analyst views)

The Reserve Bank of New Zealand (RBNZ) held its official cash rate (OCR) at 0.25% in a widely expected decision on Wednesday, following a regular policy meeting.

WELLINGTON — The Reserve Bank of New Zealand (RBNZ) kept its official cash rate (OCR) unchanged in a widely expected decision on Wednesday, but projected a…

NZD/USD jolted higher after the Reserve Bank of New Zealand left benchmark lending rates unchanged in May, but opened the door to a possible hike during 2H 2022.

* Kiwi jumps to three-month high, above 73 U.S. cents (Adds Governor Orr's comments from a press conference, analyst views)

CentralBankNews.info - central bank news and information with updates on monetary policy and interest rates from central banks around the world

* Kiwi jumps to three-month high, above 73 U.S. cents (Adds Governor Orr's comments from a press conference, analyst views)

MacroBusiness Access Subscriber Only Content Yesterday the NZD carried the Australian dollar higher after a hawkish RBNZ statement: Now that operational constraints have been addressed and the OCR can be lowered further if necessary, we believe it is appropriate to return to our long-standing practice of publishing an OCR projection (figure 2.17). This projection is conditional, in that it communicates the policy path required to meet our monetary policy objectives subject to the economic outlo...

by Tyler Durden Wednesday, May 26, 2021 - 07:52 AM US equity futures rose on Wednesday, rebounding from a modest dip  the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session. At 7:15 a.m. ET, Dow e-minis were up 82 points, or 0.24%, S&P 500 e-minis were up 14 points, or 0.33%, and Nasdaq 100 e-minis were up 51.25 points, or 0.38%. Treasuri...