New RBNZ governor has an on-record breakfast briefing with media as a new era of communication begins.
But bank says it had a complex situation to consider before releasing information.
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.