ASB Bank chief economist Nick Tuffley

Job data adds pressure for interest rate cut

Wed 6 May

Anyone hoping for an interest rate cut is going to have to wait until the spring - at the earliest.


Rob Hosking discusses the latest jobs data on NBR Radio and on-demand on MyNBR Radio.

ASB chief economist Nick Tuffley

UPDATED: Reserve Bank says cut to OCR may be needed if inflationary forces dim

Thu 30 Apr

"As in the recent (McDermott) speech the RBNZ has effectively moved to an easing bias," said Nick Tuffley.

Reserve Bank governor Graeme Wheeler (Rob Hosking)

RBNZ: Wheeler inches toward interest rate cut

Thu 30 Apr 8

The Reserve Bank governor has abandoned his previous policy of a stable OCR.

Dollar falls ahead of Reserve Bank OCR review

Wed 29 Apr

Kiwi fell to 76.90 US cents at 5pm in Wellington from 77.15 cents at 8am this morning.

Westpac Banking Corp chief economist Dominick Stephens

Reserve Bank likely to confirm no rate hike in this week’s OCR review

Tue 28 Apr

Wheeler is expected to keep the OCR unchanged at 3.5% on Thursday.

eserve Bank chief economist John McDermott (Rob Hosking)

Reserve Bank tilts toward interest rate cuts

Thu 23 Apr

In a major shift in message, today Reserve Bank chief economist John McDermott signalled a “dovish” tilt in the thinking of New Zealand’s central bank.


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