Page 7 - Blending Programme News Today

Photo: RNZ / Alexander Robertson The central bank is expected to hold its official cash rate at 0.25 percent, and leave other key policies - the Large Scale Asset Programme (LSAP) and Funding for Lending Programme (FLP) - unchanged, as it maintains its path of least regrets. "We expect a good deal of cut and paste from Februarys statement, in particular that the economy is still rather vulnerable and therefore monetary stimulus is still warranted, and if some of the downside risks come to fruit...

Greens on housing crisis: Investors must be taxed and forced to cough-up cash deposits Newshub 4 days ago Zane Small © Image - Getty; Video - The AM Show Watch Reserve Bank Governor Adrian Orrs interview on The AM Show. To solve the housing crisis, the Greens want to end interest-only mortgages, tax property investors and force them to cough-up cash deposits - not use equity from other homes. The Greens are also calling for direct economic stimulus from the Government in th...

NZD/USD Rate Rebound Faces Fed Rate Decision, New Zealand GDP Report 2021-03-15 19:30:00 David Song, Strategist New Zealand Dollar Talking Points NZD/USD appears to be stuck in a narrow range after defending the 20201 low (0.7096), but the pullback from the February high (0.7465) may turn out to be an exhaustion in the broader trend rather than a change in behavior as the Federal Reserve is expected to retain the current path for monetary policy. Advertisement NZD/USD Rate Rebound Faces Fed Rat...

"Ardern's administration will need to look much closer to home."

On 5 February, the retailer was approached by investment firm Spotlight Brands in conjunction with London-based investment services company Gordon

Reserve Bank tasked with restraining house prices Newsroom 25/02/2021 © Provided by Newsroom New Zealands central bank has been ordered to factor into its decisions the impact on housing affordability – a problem it says is worsened by Kiwi expats returning home. Last nights Parliamentary opening of the “Thanks from iso” art exhibition was a celebration of kindness and gratitude. Painter Ruby Jones is telling the stories of returning Kiwis like Sally Forrest, whose lives overseas ha...

NZD/USD appears to be on track to test the 2018 high (0.7437) as the RBNZ retains the current course for monetary policy at its first meeting for 2021.

* LSAP retained at NZ$100 bln (Recasts with Governor Orr’s comments from press conference) WELLINGTON, Feb 24 (Reuters) - New Zealand’s central bank said on Wednesday it was in no rush to tighten monetary policy, after it kept interest rates at record lows and sounded a cautious note about the economic outlook. The Reserve Bank of New Zealand (RBNZ) said it did not expect to tighten settings until it was confident inflation was sustained at the 2% per annum target midpoint and employment wa...

Press Release – The Reserve Bank of New Zealand The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large … The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit. The Committee will keep...

NZ central bank holds fire on rates, tempers tightening expectations