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Reserve Bank tipped to hold steady in regular review - Vimarsana News

Reserve Bank tipped to hold steady in regular review

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 February's 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 fruition they stand ready to act if required," ANZ chief economist Sharon Zollner said. She said the eco...

Source: rnz.co.nz
Greens on housing crisis: Investors must be taxed and forced to cough-up cash deposits - Vimarsana News

Greens on housing crisis: Investors must be taxed and forced to cough-up cash deposits

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 Orr's 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 the form of income support, instead of relying on the Reserve Bank, as well as a "massive" urban rede...

Source: msn.com
NZD/USD Rate Rebound Faces Fed Rate Decision, New Zealand GDP Report - Vimarsana News

NZD/USD Rate Rebound Faces Fed Rate Decision, New Zealand GDP Report

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 Rate Decision, New Zealand GDP Report NZD/USD pares the rebound from the monthly low (0.7099) as it str...

Housing crisis: Financial Times swipes at Government for using Reserve Bank as 'convenient scapegoat' - Vimarsana News

Housing crisis: Financial Times swipes at Government for using Reserve Bank as 'convenient scapegoat'

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

French Connection suitors pull out of takeover talks - Vimarsana News

French Connection suitors pull out of takeover talks

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