Business Scoop » ASB Reports 8% Increase In Lending And Remains Focused On Supporting Customers' Financial Resilience
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Business Scoop provides news and views on Business and Markets from New Zealand
OPINION: The signals are saying get interest rates up, quickly. If only it was that easy.
Business Scoop provides news and views on Business and Markets from New Zealand
CentralBankNews.info - central bank news and information with updates on monetary policy and interest rates from central banks around the world
2021-07-15 02:05:28 GMT2021-07-15 10:05:28(Beijing Time) Xinhua English WELLINGTON, July 15 (Xinhua) -- New Zealand's central bank announced in a statement to reduce the current stimulatory level of monetary settings in order to meet its consumer price and employment objectives over the medium-term. The Reserve Bank of New Zealand will halt additional asset purchases under the Large Scale Asset Purchase (LSAP) program by July 23, 2021. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent and the Funding for Lending Programme unchanged, the Reserve Bank's Monetary Policy...