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Statistics NZ's labour market spokesperson Abby Johnston said seasonally adjusted levels of unemployment remained at 156,000 ...
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.
Economists don't anticipate a higher-than-expected increase in prices to interfere with ongoing drops in interest rates. Data ...
NZD/USD is consolidating recent gains around 0.6000. New Zealand’s Q1 labor market data was mixed and still argues for ...
“We expect that the RBNZ will carefully balance downside risks to activity with the need to ensure that inflation settles close to the midpoint of the 1-3% target range. We forecast two more 25bps ...
ANZ chief economist Sharon Zollner says the current uncertainty surrounding global trade is another headwind for New Zealand's recovery.
The local dollar jumped. The Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee held the official cash rate (OCR) at 5.5% yesterday in Wellington, as expected by all 23 economists ...
Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast ...
New Zealand banks have strong capital and liquidity buffers in place to maintain credit flows even if conditions deteriorate ...
Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment.
New Zealands Reserve Bank (RBNZ) warned Wednesday that financial system risks have risen due to heightened global economic ...
WELLINGTON] New Zealand’s jobless rate unexpectedly held steady in the first quarter as fewer people sought work in a ...
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