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RBNZ

Tracking the Economy

Reserve Bank to start hiking in December with 4.5% target, AMP Capital says

The Reserve Bank will probably embark on tighter monetary policy in December with an eye to a neutral official cash rate target of 4.5 percent, according to fund manager AMP Capital Investors.

Tracking the Economy

NZ credit card spending rises for a third month, RBNZ says

New Zealand credit card spending rose for a third straight month in February, adding to signs that kiwis may be becoming a little less gloomy.

Bollard holds OCR at 2.5%, signals higher bank funding costs

Move widely expected. RBNZ says global economy remains fragile.

Reserve Bank warns of mortgage stress

The warning contrasts with many housing commentators highlighting the opposite scenario.