With the benefit of foresight, Kiwibank chief economist Jarrod Kerr looks back at monetary policy over the past year.
Governor Philip Lowe holds cash rate target steady at 3.6% this month, but keeps further hikes on the table.
Quarterly survey of business opinion rises from historic low, but inflation and cost pressures remain.
Recent weather events highlight pressing need for financial sector guidance, says the central bank, which has been criticised for its climate change focus.
The Westpac McDermott Miller Employment Confidence Index indicated employment opportunities remained positive for now, with signs the labour market may have passed its peak.
Recession vibes linger as economic conditions head south, but latest Stats NZ data shows this is not yet weighing on employment.
Kiwi performance in the spotlight as markets assess banking sector and further interest rate moves in the United States.
Rising interest rates, inflation, as well as living cost rises all weighing on households, according to latest Westpac survey.
Net migration and visa residency a boost for economy, but businesses still desperate for thousands of skilled staff.
RBNZ governor says central bank has a ‘very capable team’ and defends focus on climate change.