NEWS RELEASE from Reserve Bank of New Zealand

NEWS RELEASE Date: 10 May 2018 Official Cash Rate unchanged at 1.75 percent Statement by Reserve Bank Governor Adrian Orr: Tena koutou, katoa, welcome all. The Official Cash Rate (OCR) will remain at 1.75 percent for some time to come.  The direction of our next move is equally balanced, up or down. Only time and […]

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NEWS RELEASE from Reserve Bank of New Zealand

22 March 2018 Official Cash Rate unchanged at 1.75 percent Statement by Reserve Bank Governor Grant Spencer: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. The outlook for global growth continues to gradually improve.  While global inflation remains subdued, there are some signs of emerging pressures. Commodity prices have […]

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Official Cash Rate unchanged at 1.75%

NEWS RELEASE 8 February 2018 Statement by Reserve Bank Governor Grant Spencer The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth continues to improve.  While global inflation remains subdued, there are some signs of emerging pressures.  Commodity prices have increased, although agricultural prices are relatively soft.  International […]

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NZ RESERVE BANK EASES LOAN RESTRCITIONS BY BANKS

The Reserve Bank of New Zealand announced on 27 November 2017, an easing of policy restrictions on Loan to value ratios by banks. The changes will take effect from 1 January 2018, the LVR restrictions will require that: No more than 15 percent (currently 10 percent) of each bank’s new mortgage lending to owner occupiers […]

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Official Cash Rate unchanged at 1.75 percent

Statement by New Zealand Reserve Bank Governor Grant Spencer: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth continues to improve, although inflation and wage outcomes remain subdued.  Commodity prices are relatively stable.  Bond yields and credit spreads remain low and equity prices are near record levels.  […]

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