US interest rates and rate expectations fell sharply from mid-2007 through early 2008, but the term structure on the US dollar yield curve clearly shows markets expect much more through the coming two...

The Reserve Bank of New Zealand surprised the market again by delivering a 50bp rate cut, the first time under Dr Bollard's governorship. This marks a dramatic turnaround from the tone of the June Sta...

A greater-than-forecast 50-basis point rate cut left the central bank rate at is lowest level since April 2007 and was made in response to a further deterioration of the global economy, a “marked” con...

New Zealand's central bank cut its interest rates today by a half point to 7.5 percent, a move that was a surprise to most economists. 'The New Zealand economy is experiencing a marked slowdown,' said...

A lot has changed since the June Monetary Policy Statement. And there has been one big change in particular: after taking great pains in June to signal a cautious approach to easing, the Reserve Bank ...

An accelerating recession moved the Reserve Bank of New Zealand to cut interest rates by 25 basis points, putting benchmark borrowing costs at 8.00%. This is the first RBNZ rate cut since 2003. The ac...

It will be a finely balanced decision, but we favour a September move. The RBNZ clearly set out a slow and steady approach in their June Statement, balancing the risk of a sharper growth slowdown agai...

The Reserve Bank of NZ maintained the OCR at 8.25%, but stated that they expect to be cutting interest rates by the end of the year. With strong inflation on the one side, and a nasty economic slowdow...

The Reserve Bank of New Zealand (RBNZ) validated market expectations today, confirming interest rates would remain at the record 8.25% level. Bank Governor Alan Bollard justified the action with a pre...