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RBNZ |
Written by Reserve Bank of New Zealand |
Apr 24 13 02:39 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Graeme Wheeler said: "The outlook for monetary policy remains consistent with that described in the March Monetary Policy Statement.
"Despite continued strains in Europe and disappointing data in some countries most recently, global financial market sentiment remains buoyant and the medium-term outlook for New Zealand's overall trading partner GDP growth remains firm.
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RBNZ |
Written by Reserve Bank of New Zealand |
Mar 14 13 03:13 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Graeme Wheeler said: “The downside risks around global growth have receded in recent months, and financial market sentiment has improved.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jan 30 13 20:06 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Graeme Wheeler said: "Global growth is set to recover in 2013 with economic indicators improving in many of our trading partners. Consistent with this, global financial market sentiment is positive, contributing to lower bank funding costs and some reduction in interest rates faced by households and firms in New Zealand.
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RBNZ |
Written by Reserve Bank of New Zealand |
Dec 06 12 02:43 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Graeme Wheeler said: "Economic growth has slowed in recent months and has been accompanied by low inflation and rising unemployment. However, over the next two years, growth is expected to accelerate to between 2.5 and 3 percent per annum.
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RBNZ |
Written by Reserve Bank of New Zealand |
Oct 25 12 00:05 GMT
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
Reserve Bank Governor Graeme Wheeler said: "the global economy remains fragile, with further recovery heavily dependent on policy implementation. That said, market sentiment has improved from earlier in the year, suggesting the risks to the global outlook are more balanced.
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RBNZ |
Written by Reserve Bank of New Zealand |
Sep 12 12 21:17 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: "New Zealand's economic outlook remains broadly consistent with that described in the June Monetary Policy Statement.
"New Zealand's trading partner outlook remains weak. Several euro-area economies are in recession and Chinese growth has slowed. The risk of significant deterioration in the euro area persists.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jul 26 12 04:41 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: "New Zealand's economic outlook remains consistent with that described in the June Monetary Policy Statement.
"New Zealand's trading partner outlook remains poor, with several euro-area economies in recession. There remains a limited risk that conditions in the euro area deteriorate very significantly. The Bank continues to monitor the situation carefully given the potential for rapid change.
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RBNZ |
Written by Reserve Bank of New Zealand |
Jun 14 12 02:09 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: "New Zealand's economic outlook has weakened a little since the March Monetary Policy Statement.
"Political and economic stresses in Europe, along with a run of weaker-than-expected data, have seen New Zealand's trading partner outlook worsen. Furthermore, there is a small but growing risk that conditions in the euro area deteriorate more markedly than is projected in the JuneStatement. The Bank is monitoring euro-area developments carefully given the potential for rapid change.
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RBNZ |
Written by Reserve Bank of New Zealand |
Apr 25 12 21:07 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: "Inflation is restrained and is expected to stay near the middle of the Bank's target range.
"The domestic economy is showing signs of recovery. Housing market activity continues to increase and a recovery in building activity appears to be underway, as forecast. That recovery will strengthen as repairs and reconstruction in Canterbury pick up later in the year.
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RBNZ |
Written by Reserve Bank of New Zealand |
Mar 07 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: "Inflation has settled near the middle of the Bank’s target range, and inflation expectations have fallen.
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