Latest fromMonetary Policy
NZ dollar dives 2pc in morning trading
A resurgent US dollar and more bearish talk from the Reserve Bank combined to drive the kiwi dollar 2pc lower in active trading this morning.
Interest rate rise this week virtually ruled out
Economists and the financial markets see virtually no chance the Reserve Bank will lift the official cash rate from 3.5 per cent when it reviews it on Thursday.
Rates tipped to stay low on weak CPI
Interest rates in New Zealand are likely to stay lower for longer, after today's unexpectedly low inflation numbers were released.
LVR policy dampened inflation - Wheeler
The Reserve Bank's introduction of limits to low-equity mortgage lending last year had "a dampening" impact on house price inflation, Graeme Wheeler said today.
Migration soars to new record
NZ's annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by Kiwis returning home from Australia.
Dollar rises against yen as global sentiment improves
The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth.