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ADRIAN ORR
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...- New Zealand Reserve Bank Governor Adrian Orr resigns amid rift with governmentReserve Bank of New Zealand Governor Adrian Orr resigned unexpectedly after two years into his second term. Deputy Governor Christian Hawke...
- Euro gets lift from German debt brake reform as currencies mired in trade war falloutThe euro surged to a nearly four-month high as Germany's political parties agreed on a significant debt overhaul to revive the economy. Ami...
- New Zealand central bank announces surprise exit of governorReserve Bank of New Zealand Governor Adrian Orr will resign on March 31, leaving behind an economy in recovery and stable financial system....
- Yen rises, dollar steady as traders assess tariff risk, policy outlookThe yen strengthened while the U.S. dollar remained steady, as markets reacted to Trump's new tariff plans and geopolitical concerns involv...
- Donald Trump haunts central banks primed for wary rate cuts in 2025Global central banks plan to cautiously cut borrowing costs in 2025, with the possibility of slower rate reductions compared to 2024. The F...
- IMF Warning: World’s $100 trillion fiscal timebomb keeps tickingAhead of significant meetings in Washington, the IMF urges global finance leaders to address mounting public debt and prepare for future ec...
- Glacial inflation slowdown set to back US Fed rate-cut cautionThe March core consumer price index, a measure of underlying inflation that excludes food and fuel, is seen rising 0.3% from a month earlie...
- Australia, NZ dollars subdued in holiday thinned trade, Orr awaitedThe Australian and kiwi dollars were subdued in holiday thinned trade on Monday, while traders looked ahead to a central bank speech in New...
- Fed pivot will dominate year of rate cuts in turn of global cycleThe US Federal Reserve will lead the pivot for richer countries after its policy makers signaled 75 basis points of cuts for the year, mark...
- New Zealand immigration confounds forecasters as arrivals surgeTotal net arrivals over the two years is expected to be more than 176,000 which is a whopping 82,500 or 88% more than forecast in May.
- RBI Governor Shaktikanta Das ranked top central banker globallyReserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine. The ...
- Recession dangers augur new era of policy trade-offsSurveys of purchasing managers due the next day may add another layer of gloom, showing deterioration in industry throughout several advanc...
- 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...
- Dollar bides time below two-month highs before payrolls testThe dollar index, which tracks the greenback against a basket of six major currencies, was at 91.884 early in the Asian session after retre...
- New Zealand central bank says its data system was breachedA third-party file-sharing service used by the central bank to share and store some sensitive information was illegally accessed, the bank ...
- Dollar dips as traders take more sanguine view of coronavirus vaccineThe New Zealand dollar recovered from an early dip to hit its strongest level in more than a year after the Reserve Bank of New Zealand kep...
- Australia shares skid on likely rise in unemployment, bleak US data; NZ gainsThe S&P/ASX 200 index fell 0.9 per cent to 5,416.30 at the close of trade, in its worst session since April 3.
- Missing their inflation goals, central banks study moving postsOfficials are studying their current strategies and whether they need to be changed.
- Caution is the watchword for the world’s top central banksA slowdown in the world economy are forcing global policy makers to express fresh caution.
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