
Dollar up after OCR held
The New Zealand dollar climbed more than half a US cent after new Reserve Bank governor Graeme Wheeler gave no indication he's leaning towards cutting rates.
The New Zealand dollar climbed more than half a US cent after new Reserve Bank governor Graeme Wheeler gave no indication he's leaning towards cutting rates.
Editorial: The first interest rate move by a new governor of the Reserve Bank is bound to be closely watched this morning.
The consumers price index (CPI) rose just 0.3 per cent for the September 2012 quarter, taking the annual rate to just 0.8 per cent.
Is the IMF over-stating any potential economic growth for New Zealand. One leading economist thinks so.
John Key says the Greens' call for the Reserve Bank to print more money in a bid to devalue the dollar is "pretty wacky'' and could create a financial crisis.