WATCH: RBNZ chief economist discusses inflation pressures and New Zealand’s fragile economic recovery.
The central bank has released more details after multiple Official Information Act requests over the sudden March resignation.
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.