It's all about the RBNZ's forecasts

It's all about the RBNZ's forecasts
The Reserve Bank is widely expected to keep rates on hold at 5.5%. (Image: NZME)
Rebecca Howard
Next week’s monetary policy statement will be scrutinised to see if the central bank has changed its view on the timing of possible rate cuts. The Reserve Bank of New Zealand (RBNZ) is widely expected to keep rates on hold at 5.5%, marking a full year since it last lifted rates.In April it said keeping the official cash rate (OCR) at a “restrictive level for a sustained period” will return consumer price inflation to within the 1% to 3% target range this calendar year.Annual inflation was 4.0% in the March 2024 year. &nbs...

More Economy

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
Auckland's multibillion-dollar midtown moment
Economy

Auckland's multibillion-dollar midtown moment

Auckland's midtown area is the target of several multibillion-dollar investments.