OCR to rise as soon as September
Reserve Bank Governor Alan Bollard may hike the official cash rate by 50 basis points as soon as September, though any future hikes will be held back by a surging kiwi dollar.
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Latest from Official Cash Rate
Bernard Hickey: 'I'll let you do the dirty work'
It's official. We now know that John Key and Alan Bollard secretly love our high dollar.
Bollard keeps rate at 2.5 per cent
The official cash rate has been held 2.5 per cent, as expected. Alan Bollard said the strength of the New Zealand dollar may limit the need for future rate hikes in the short term.
Joe Beaglehole: Let the people decide on economy
Balancing tax and spending is not a task we can afford to cede to appointed experts...
Geoff Simmons: Time to unsheath RB's secret weapon
Economic data is reading a little bit like the zombie apocalypse at the moment: the dollar hit an all-time high this week while inflation is the highest it has been in 21 years.
Inflation set to push interest rates up
Lift in OCR tipped for as soon as September after prices rise 5.3pc.
Economy shows surprising muscle
GDP growth twice as strong as forecasters picked despite earthquake
Economy surges - GDP up 0.8pc
New Zealand's economy kicked off 2011 with a bang, growing at twice the forecast pace and the fastest since December 2009 as a resurgent manufacturing sector drove the nation's revival in the face of Canterbury's earthquakes.
Europe threatens 'mad' ratings agencies
The world's leading credit ratings agencies have been threatened with tighter regulation and break-up by some of Europe's most powerful politicians.