On the face of it, New Zealand’s central bank could be raising interest rates instead of holding them at a record low
The Reserve Bank has announced today the new head of financial stability and deputy chief executive.
New Zealand’s economy grew less than economists forecast last quarter and at the slowest pace since mid-2015
New Zealand’s central bank says risks around future moves in the official cash rate are “equally weighted”
The RBNZ says it plans to keep borrowing costs at a record low for a prolonged period as inflation returns only gradually to target
"New Zealanders are starting to turn their minds to the future"
The regulator says the advice had "the potential for significant harm"
Its three year rate is now the best on the market