Stephen Toplis News Today

Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse

Analysis - The RBNZ is determined that inflation heads downwards - and stays there - and will be watching the Budget closely too, Gyles Beckford writes.

Analysis - The RBNZ is determined that inflation heads downwards - and stays there - and will be watching the Budget closely too, Gyles Beckford writes.

Business Scoop provides news and views on Business and Markets from New Zealand

While rising unemployment was expected and the topline figure of 4.3 per cent (from 4 per cent) was widely forecast, economists didn’t have to dig far below...

Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say

An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy

The Reserve Bank’s Monetary Policy Committee adds the word ‘confident’ to its inflation forecast, even as hot CPI release looms

(Bloomberg) -- New Zealand’s central bank may this week push back against investor bets that interest-rate cuts are coming, even though the economy has slumped into a double-dip recession.Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert ...

With economic data having panned out roughly as the Reserve Bank forecast, this suggests there won't be an OCR change on April 10