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RBNZ |
Written by Reserve Bank of New Zealand |
Jan 25 12 20:08 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Alan Bollard said: "Since the time of the December Statement, financial market sentiment has improved slightly, with increased liquidity in European financial markets. However, the global economy remains fragile and risks to the outlook remain.
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RBNZ |
Written by Reserve Bank of New Zealand |
Oct 26 11 20:07 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Alan Bollard said: "Domestic activity has continued to expand at only a modest pace despite relatively strong commodity prices. More recently, domestic business confidence has fallen back somewhat. Further ahead, earthquake repairs and reconstruction in Canterbury are still expected to provide significant impetus for demand.
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RBNZ |
Written by ActionForex.com |
Sep 14 11 21:10 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Alan Bollard said: “The New Zealand economy has performed relatively well while headline inflation has increased somewhat since the June Statement. At the same time, however, global economic and financial risks have increased.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jul 27 11 21:30 GMT
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Reserve Bank Governor Alan Bollard said: "The economy has grown more strongly than was expected, and it appears that the recovery is getting back on track, supported by a strong terms of trade. At the same time, however, current fragility in global financial markets, including the uncertainty around the US Government's debt ceiling, continues to highlight the downside risk to trading partner activity noted in the June Statement.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jun 08 11 21:05 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Alan Bollard said: "The outlook for the New Zealand economy has improved since the publication of the March Statement.
"Economic activity has been significantly disrupted by the Christchurch earthquake. However, while many firms and households - particularly within Canterbury - continue to be adversely affected, it appears the negative confidence effect of the earthquake on economic activity throughout the rest of the country has been limited.
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RBNZ |
Written by Reserve Bank of New Zealand |
Apr 27 11 21:11 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Alan Bollard said: “The outlook for the New Zealand economy remains very uncertain following February’s Christchurch earthquake.
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RBNZ |
Written by Reserve Bank of New Zealand |
Mar 09 11 20:03 GMT
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The Reserve Bank today reduced the Official Cash Rate (OCR) by 50 basis points to 2.5 percent.
Reserve Bank Governor Alan Bollard said: "The Reserve Bank extends its sympathies to all those affected by the Christchurch earthquake. Our condolences go especially to those who have lost family, friends and colleagues.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jan 26 11 20:41 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. Reserve Bank Governor Alan Bollard said: "The outlook for the New Zealand economy remains consistent with the projections underlying the December Monetary Policy Statement. "Domestic economic activity was weaker than forecast through the second half of 2010. September quarter GDP declined unexpectedly, and retail spending appears to have fallen in the December quarter.
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RBNZ |
Written by Reserve Bank of New Zealand |
Dec 08 10 20:07 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. Reserve Bank Governor Alan Bollard said: "Interest rates are now projected to rise to a more limited extent over the next two years than signalled in the September Statement.
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RBNZ |
Written by Reserve Bank of New Zealand |
Oct 27 10 20:02 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. Reserve Bank Governor Alan Bollard said: "Despite some data turning out weaker than projected, the medium-term outlook for the New Zealand economy remains broadly in line with that assumed at the time of the September Monetary Policy Statement.
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