Page 8 - Blending Programme News Today

* 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...

The Reserve Bank of New Zealand (RBNZ) is scheduled to announce its Monetary Policy Statement this Wednesday at 01:00 GMT while Governor Adrian Orr’s

Feb 21, 2021 23:02 GMTFXStreet News The New Zealand Institute of Economic Research has stated that it has once again revised the format of the views they are seeking from our Shadow Board on what the Reserve Bank should do with monetary policy. ”Given the Reserve Bank’s growing arsenal of monetary policy tools which includes the Official Cash Rate, quantitative easing, and Funding for Lending Programme, we decided to simply ask our Shadow Board on what stance the Reserve Bank should take ...

2/15/2021 9:54:46 AM GMT Major central bank rundown The central banks are listed below with their current state of play. The link for each central bank is included in the title of the bank and the next scheduled meeting is in the title too. Reserve Bank of Australia, Governor Phillip Lowe, 0.10%, Meets 02 March The Reserve Bank of Australia met on February the 02 and delivered a surprise to the markets. They kept the interest rate and the 3yr bond yield target unchanged at 0.10%. This was as ex...

The bank credited a strong economic rebound after Covid-19 lockdowns for the modest lift.

Source: ASB Bank ASB today reported a cash net profit after taxation (NPAT)[1] of $614 million for the six months ended 31 December 2020, a decrease of 1% on the prior comparative period. The result reflects the continued resilience of the New Zealand economy in the face of the ongoing impacts of COVID-19. Strong home and business lending growth was offset by reduced margins due to the low interest rate environment and increased operating costs reflecting ASB’s continued commitment to rein...

NZD/USD Clears February Opening Range Amid Rebound Off of 50-Day SMA 2021-02-08 20:00:00 David Song, Strategist New Zealand Dollar Talking Points NZD/USDattempts to break out of the descending channel formation from earlier this year as it trades to a fresh monthly high (0.7233), and the pullback from the January high (0.7315) may turn out to be an exhaustion in the broader trend rather than a change in market behavior as key m...

Source: ASB Bank ASB welcomes the release of the Climate Change Commission’s first draft advice to government which calls for ‘transformational and lasting’ change across society and the economy. Chief Executive Officer Vittoria Shortt says, “Banks have an important role to play in supporting the changes that need to occur if New Zealand is to enjoy a more sustainable future which is why, from next month, we will start offering discounted lending to customers taking positive...

Press Release – ASB Bank ASB welcomes the release of the Climate Change Commissions first draft advice to government which calls for transformational and lasting change across society and the economy. Chief Executive Officer Vittoria Shortt says, Banks have an important … ASB welcomes the release of the Climate Change Commission’s first draft advice to government which calls for ‘transformational and lasting’ change across society and the economy. Chief Executive Officer Vittoria Sho...

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ASB offers discounted lending to help customers lower emissions 02 February 2021 Source: ASB ASB welcomes the release of the Climate Change Commission’s first draft advice to government which calls for ‘transformational and lasting’ change across society and the economy. Chief Executive Officer Vitto...