To speak, or not to speak, that is the central banking question

To speak, or not to speak, that is the central banking question
Reserve Bank chief economist Paul Conway's speech this week is highly anticipated. (Image: NZME)
Dileepa Fonseka
Webinars are not often must-see viewing, doubly so when an economist makes “brief comments on domestic data developments”. This changes when that economist is the chief economist of the Reserve Bank of New Zealand (RBNZ), and you haven’t heard from them in over a month and weren’t supposed to hear from them for another month. Normally, the RBNZ takes a three-month break over Christmas-New Year. It releases a monetary policy statement in November and then you don’t hear from No 2 The Terrace again until th...

More Economy

High bar for July rate cut – ASB
Economy

High bar for July rate cut – ASB

July cut can't be ruled out but there is value in waiting, ASB says. 

Rebecca Howard 04 Jun 2025
RBNZ expects rates to go lower
Economy

RBNZ expects rates to go lower

The central forecast and the two alternatives all have rates dipping below 3%. 

Rebecca Howard 03 Jun 2025
RBNZ 25bps rate cut wasn't unanimous
Economy

RBNZ 25bps rate cut wasn't unanimous

The vote was 5 to 1 to cut by 25 basis points. 

Rebecca Howard 28 May 2025
RBNZ cuts, signals more to come
Economy

RBNZ cuts, signals more to come

Risks around the economic outlook are heightened. 

Rebecca Howard 28 May 2025