Page 3 - Shadow Board News Today

NZIER reports: Regarding where the OCR should be in a year’s time, the Shadow Board’s core view ranged from 4.50 percent to 5.75 percent and centred on an OCR of 5.50 percent – a shift from 5.25 percent in the August NZIER Shadow Board. There was an increased view amongst members that another increase in

There is a 'but' though, some thought a +25bp rate hike would be appropriate due to sticky inflation.

The latest recommendations from the most Shadow Board members of the New Zealand Institute of Economic Research (NZIER), published early Monday in Auc

While the Reserve Bank's widely expected to keep the Official Cash Rate unchanged this week, some experts on NZIER's 'Shadow Board' think higher rates are needed

The National Business Review Online is New Zealand's authority in breaking business news and analysis.

According to the latest recommendation by the New Zealand Institute of Economic Research (NZIER) on Monday, the Reserve Bank of New Zealand (RBNZ) sho

Preview of the Reserve Bank of New Zealand meeting on July 12 (NZD time)

Hatched has expanded its people and culture team by appointing Raeshem Chail as People and Culture Manager.

The Reserve Bank of New Zealand hiked its Official Cash Rate as expected by 0.25%, but also made clear that this would be the last hike in the current cycle.

Yen is once again back under selling pressure today, with the selloff mainly concentrated against Swiss Franc, and to a lesser extent Euro. Risk-on sentiment, rising benchmark treasury yields, and the expectation of BoJ keeping policy ultra-loose will likely keep Yen weak for the time being. The only question is whether selling would intensify again. That might depend on market reactions to the development regarding US debt ceiling negotiations. Meanwhile, Australian and Canadian Dollar are foll...