Latest fromMonetary Policy
Sharemarkets up on Fed lifeline hope
Wall St was up overnight as investors opted to rekindle optimism the US Federal Reserve will come up with new stimulus measures.
NZ dollar falls after hitting one-month high
The New Zealand dollar fell from a one-month high after Federal Reserve Chairmen Ben Bernanke failed to signal further quantitative easing for the US.
Bollard will hold OCR at 2.5pc- economist
The Reserve Bank will not lower the official cash rate below 2.5 per cent in its review next week, says Westpac chief economist Dominick Stephens.
NZ dollar rises on hopes of Spanish bailout
The dollar rose almost one US cent on optimism European policymakers will act to stimulate the region's economy and provide aid for Spanish banks.
NZ dollar falls on G7 inaction
The New Zealand dollar fell after G7 leaders nations agreed to a coordinated response to Europe's deteriorating financial crisis, though gave no guidance on how to do so.
Wall St mixed after Euro 'dead cat' bounce
US stocks have closed mixed after a day of bumpy trade, as eurozone turmoil kept a shadow over world sharemarkets.
NZ dollar holds as investors seek low-risk assets
The NZ dollar was little changed as investors looked to put their money in low-risk assets such as Government bonds.
Report of IMF rescue loan for Spain
Market optimism grew a little on results of a Greek poll and reports that the IMF has begun preparing for a potential rescue loan for Spain.
NZ dollar rises as Spain eyes bank bailout
The dollar rose on speculation Spain may tap European Central Bank funding to bailout Bankia SA to prevent a national banking sector collapse.
NZ dollar rises after Greece backed to keep euro
The New Zealand dollar gained after Italian Prime Minister Mario Monti said Greece will probably keep the euro.