OCR move unlikely this week: Survey Economists aren’t expecting an increase in the official cash rate this week but it’s not can impossibility, a new survey has shown. The latest CPI data, which showed much stronger inflation than expected, had prompted some to question whether the Reserve Bank might move sooner rather than later on the rate. 28-01-2014 more >>
Lower rates may be looming Lower mortgage rates could be on the horizon after yesterday’s official cash rate announcement and monetary policy statement, one economist says. 15-03-2013 more >>
Hint of optimism in OCR announcement The decision this morning to leave the official cash rate (OCR) unchanged at 2.5% hasn’t surprised anyone – but the hint of optimism included with the Reserve Bank governor’s statement has. 25-10-2012 more >>
Bollard holds OCR at 2.5% Reserve Bank Governor Alan Bollard held the official cash rate at 2.50% as expected and said while economic activity showing signs of stabilising, the high New Zealand dollar was helping to keep the economy "weak." The Kiwi tumbled after his statement. 30-07-2009 more >>
