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RBNZ OCR CUT
Why the bond market won't bounce back to pre-war levelsIn light of the recent ceasefire, the prospects for global bond markets remain fraught with difficulty. Energy prices continue to climb, ac...- RBNZ cuts OCR to 3% after economy stalls in Q2, inflation expected to ease by 2026Reserve Bank of New Zealand reduced interest rates. The Official Cash Rate now stands at 3 percent. This decision follows concerns about sl...
- ASB drops rates on popular home loans; what it mean for homeownersASB has lowered its fixed mortgage rates, aligning with cuts from other major New Zealand banks, following the Reserve Bank's decision to r...
- Westpac NZ slashes home loan rates after OCR cut, 3-year fixed now just 4.95%, check full listWestpac New Zealand has reduced lending and deposit rates following the RBNZ's OCR cut to 3.25%. Special fixed home loan rates now start at...
- ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
- ANZ online banking up and running after suffering outage in New ZealandNearly 59% of the users faced issues with the ANZ app while 40% had problems with the internet banking interface and the remaining one perc...
- New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...
- Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...
- Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...
- Dollar slides on Fed cut bets; kiwi jumps after RBNZ strikes hawkish tone"Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high," said Matt Simpso...
- New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...
- Asian shares lose steam on US recession fearsMSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 per cent while Japan's Nikkei average lost 0.6 per cent.
- Australia, NZ dollars bludgeoned as bond yields hit record lowsThe slide followed disappointing manufacturing surveys from across the globe.
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