Two former trade ministers and a prime minister mull over New Zealand’s tariffs and trade agenda.
Net core Crown debt now $9.6 billion higher than last year.
Assistant governor Karen Silk told NBR a cut of 50bps wasn’t considered this month.
Debt-to-income ratios should help constrain prices this time around, it says.
This afternoon, the RBNZ cut the OCR by 25 basis points to 3.25%.
Monthly Stats NZ data now includes electricity and gas prices, which rose between March and April.
Survey finds growth now a top concern for local business.
Governor Christian Hawkesby and senior leaders front Finance and Expenditure Select Committee this morning.
The central bank and economists had broadly expected a slight rise in a difficult economy.
The Reserve Bank’s latest Financial Stability Report stress tests the economy.