Latest from Monetary Policy

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.

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.

World sharemarkets up on relief rebound
World sharemarkets were up overnight, but Facebook shares plunged 10pc.

Revised GDP stats prompt economic growth questions
Statistics New Zealand has made some big revisions to the history of the country's gross domestic product growth figures.