The RBNZ decided to keep interest rate unchanged, for the first time in a year, at 2.5% after June's meeting as 'there are signs that international economic activity is stabilizing, and international ...

This morning the RBNZ cut the cash rate by 50bps to 2.50%. This was expected by the majority of analysts, while market pricing was split about evenly between a 25 and 50bp cut. However, the RBNZ's com...

With several major economies now embarking on quantitative easing, a new era in global monetary policy has arrived. It is hard to know how things will play out in this high stakes game, with the way o...

While the RBNZ were pessimistic on the rest of the world, they were surprisingly cheery on New Zealand's growth prospects beyond the current downturn. GDP is forecast to shrink further in the first ha...

RBNZ announced to reduce interest rate buy 50 bps to 3% in March. At the same time, the Governor Alan Bollard signaled a slowdown in monetary easing cycle as New Zealand has to 'retain competitiveness...

The Reserve bank of New Zealand lowered its Official Cash Rate (OCR) today by 50 basis points to 3.00%. The move was widely expected by economists. “The world economy deteriorated very rapidly late la...

The Reserve Bank of New Zealand lowered the benchmark interest rate by another 150bp to a record-low of 3.50%, and is anticipated to lower borrowing costs further as policy makers utilize all of their...

The RBNZ delivers its latest Monetary Policy Statement next Thursday, in the midst of a deteriorating world economy, plunging share markets, mounting job losses, and extreme measures to revitalise the...

The 150bp cut was larger than the market was anticipating. NZD/USD fell nearly a cent to 0.5210 before recovering to 0.5250. The two-year swap rate has fallen by more than 20bp to a new record low of ...

The Reserve Bank of New Zealand cut their Overnight Cash Rate more than expected by 150 basis points to 3.50 percent, the lowest since the introduction of the mechanism in 1999. This marks the fifth s...

Tonight at 21:00 CET the Reserve Bank of New Zealand (RBNZ) is due to announce the outcome of the January meeting. We expect, in line with consensus, that the RBNZ will reduce the cash rate by 100bp t...

Interest rate markets are currently pricing 110bp of easing for next Thursday. Swap rates have fallen sharply in recent weeks, and some of this has already been passed on to retail mortgage rates ahea...

Today the Reserve Bank delivered another aggressive cut to the OCR, in response to the continuing turmoil in global markets and a rapid deterioration in the outlook for world growth. Today's move mean...

RBNZ lowered the OCR by 150bp to 5% today, inline with market expectation. The move pushes the interest rate to the lowest since early 2004 and brings the cumulative reduction since July to 3.25%. In ...

The Reserve Bank of New Zealand lowered its benchmark lending rate 150 basis points to a six-year low 5.00 percent. What is more surprising , and a true testament to current economic coditions, is tha...

The New Zealand dollar may face increased selling pressures over the next 24 hours of trading as the RBNZ is widely expected to lower the benchmark interest rate by 150bp to 5.00% from 6.50%. A Bloomb...

Life isn't getting any easier for the RBNZ. Each time they have sat down to review interest rates this year, the global credit crisis has been deeper, the outlook for economic growth has deteriorated,...

We expect December to be another active month for the foreign exchange market as central banks around the world take their interest rates to historically significant levels. There are 4 central banks ...

The US Federal Reserve plans to provide a $15B swap line to the RBNZ. The swap agreement will remain effective until April 30. The purpose of the swap is to address pressures in the USD short-term mar...

It's a sign of the extraordinary times we live in that a 100bp rate cut was the least controversial move that the RBNZ could have made today. Conditions have shifted rapidly since the September Moneta...

The New Zealand dollar is trading choppily above key support back as the Reserve Bank of New Zealand slashed their Overnight Cash Rate (OCR) target by 100bps to 6.50 percent, which is the sharpest cut...

This afternoon, the Reserve Bank of New Zealand is anticipated to cut rates by as many as 100bps to 6.50 percent as economic concerns outweigh inflation fears. Such a sharp reduction in interest rates...

The RBNZ is expected to cut rates by 100 bps as they try and head off a recession. The New Zealand economy has seen growth decline faster than expected as the credit crisis combined with record high i...

Conditions have changed at a breathtaking pace since the September Monetary Policy Statement. Policymakers around the world are scrambling to restore stability and confidence in the financial system, ...

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...

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...