Reserve Bank holds Official Cash Rate at 5.50% with short, placeholder statement
RBNZ holds OCR at 5.50%, says restrictive OCR for sustained time will return CPI inflation to 1% to 3% target in 2024
Source: interest.co.nz
Page 16 - Adrian Orr News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Adrian Orr. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Adrian Orr Today - Breaking & Trending Today
OCR decision: Sluggish growth and sticky inflation remain RBNZ's enemies
The Reserve Bank has unveiled its next move in the fight against inflation. Lacklustre growth at home and abroad and stubbornly high inflation were cited a
Source: newstalkzb.co.nz
Listen to The Country online with Jamie Mackay: Why Christopher Luxon wants NZ to be like Estonia
Today on The Country radio show , host Jamie Mackay catches up with Prime Minister Christopher Luxon to ask him about his recent comment on how he wants New...
Source: nzherald.co.nz
(RBNZ) OCR 5.50% - Official Cash Rate remains unchanged
The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. The New Zealand economy continues to evolve as anticipated by the Monetary Policy Committee. Current consumer price inflation remains above the Committee's 1 to 3 percent target range. A restrictive monetary policy stance remains necessary to further reduce capacity pressures and inflation.
Source: actionforex.com
New Zealand Central Bank Holds Key Rate As Widely Expected
New Zealand's central bank left its benchmark rate unchanged for the sixth straight session as widely expected on Wednesday, as higher rates help to bring inflation to the target range.
Source: rttnews.com