ANZ’s latest measure of consumer confidence shows inflation expectations at highest level since July, 2023.
Stats NZ data shows retail spending using electronic cards slumped in February.
The global outlook is ‘nuanced’ which means investors need to be ‘nimble’.
The central bank's chief economist also çhats about impact of possible Fed cuts this year on currency.
Deputy governor Christian Hawkesby tells NBR the central bank needs to see the economy subdued for 'a while' and inflation back around 2%.
The RBNZ left the official cash rate on hold at 5.5%, with no rate cuts on the cards this year.
The central bank's monetary policy committee left the OCR on hold at 5.5% today.
Chief economist Kelly Eckhold dampens expectations of further rate hikes by the central bank.
New Zealand’s dependence on a few markets remains a worry, Productivity Commission warns in its final report.
NZ Economics Forum speeches confirm commitment to inflation-busting, prudent government spending.