Coronavirus to keep RBNZ watching and waiting

Coronavirus to keep RBNZ watching and waiting
Rebecca Howard
The unfolding coronavirus crisis may stop the Reserve Bank from shifting away from its easing bias, but economists don’t expect any change in the official cash rate on Wednesday.In a Reuters poll, all 12 economists expect the central bank's monetary policy committee to hold the OCR at a record low 1 percent.Most, however, had expected a more neutral stance against a backdrop of improving economic data, including rising house price inflation, solid jobs numbers, growing inflationary pressures and stronger-than-expected economic growth, as well a...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025