What central banks around the world will do with interest rates this year

What central banks around the world will do with interest rates this year
Adrian Orr is the governor of New Zealand's central Reserve Bank. (Image: Mark Mitchell)
Bloomberg
(Bloomberg) – The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary of the threat of inflation.That’s the dominant theme this year prevailing across 23 major central banks tracked by Bloomberg. All but three are set to reduce borrowing costs – but the pace of easing for many of them looks ever less likely to mirror the aggressive speed at which tightening first took hold. Even if renewed US inflation concerns prove unfounded enough that the Federal R...

More Finance

'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024
Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024
FNZ settles dispute with US executives
Finance

FNZ settles dispute with US executives

Adam Green and Steve Gross resigned on the same day late last year. 

Victoria Young 22 Apr 2024