Kiwibank chief economist Jarrod Kerr surprised by tough language in RBNZ’s November monetary policy statement.
The RBNZ held the official cash rate at 5.5% today, no cuts likely until 2025.
The RBNZ is widely expected to hold the OCR at 5.5% tomorrow, as inflation falls and unemployment ticks higher.
Coalition Government agrees to remove the RBNZ's dual mandate to just target inflation.
SMEs call on incoming Government to prioritise small business.
With the Moana NZ festival expected to generate $27m in GDP, Auckland’s economic and cultural agency hopes new event could help fill coffers despite reduced council events budget.
Annual migration hits record high, while electronic card spending softens slightly ahead of OCR decision.
Global investment banker also expected RBNZ to be done and dusted hiking, with rate cuts possible later next year.
Annual pace of food price growth slows to near two-year low, according to Stats NZ’s new data set.
The reason for the blow-out in net debt is not because the Government was spending more or earning less.