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Stephen Toplis

NZ cash rate up 25 basis points to 2.75 pct

NZ cash rate up 25 basis points to 2.75 pct
Wellington, June 10 NZPA - Reserve Bank Governor Alan Bollard sees the decision to lift interest rates as a start to the removal of "extraordinary" stimulus from monetary policy.

NZ Rates Left At 2.5 Percent, Reserve Bank Hawkish

NZ Rates Left At 2.5 Percent, Reserve Bank Hawkish
Wellington, Dec 10 NZPA - The Reserve Bank left interest rates unchanged, but its comments surrounding the decision were more hawkish than many economists expected.

Doubts Whether Much Weight Behind RB Governor's Threat

Doubts Whether Much Weight Behind RB Governor's Threat
Wellington, July 30 NZPA - Reserve Bank Governor Alan Bollard is widely seen to be threatening the official cash rate (OCR) will go lower if the currency stays high, but some commentators doubt the warning has much weight.

NZ Not A House Of Cards - BNZ

NZ Not A House Of Cards - BNZ
Wellington, March 3 NZPA - New Zealand's balance sheet ratios are amongst the worst in the world, and with the global credit crisis does that mean the country is going to hell in a handcart? The BNZ doesn't quite think so.

Economists Expect OCR To Drop Further Than RB Suggesting

Economists Expect OCR To Drop Further Than RB Suggesting
Wellington, Dec 4 NZPA - Economists are expecting official cash rates to fall further than the Reserve Bank is suggesting, following today's mammoth cut.

Banks Not Likely To Ask For Money Back

Wellington, Oct 1 NZPA - Banks are highly unlikely to ask for their money back from homeowners who are meeting their mortgage payments, according to analysts.

Banks Pass On Some But Not All Of RBNZ Cut

Wellington, Sept 11 NZPA - Some banks passed on some of the Reserve Bank's bold 50 basis point rate cut today to their customers.

Expectations Raised Of Further 50-basis Point Cut In October

Wellington, Sept 11 NZPA - The Reserve Bank's move to lower official rates half a percentage point today has raised expectations it will follow with a cut of the same size next month.

RBNZ Likely To Hold Rates Next Week Ahead Of September Cut

Wellington, July 18 NZPA - The Reserve Bank is expected to leave interest rates on hold next Thursday, but a 25-point cut is forecast within the next two months as a stalling economy outweighs rising inflation concerns.

NZ Stocks Hurt By Market Storm - But Could Be Worse

NZ Stocks Hurt By Market Storm - But Could Be Worse

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