Latest from Monetary Policy
Bernard Hickey: Power of printing money
I am about to commit economic heresy - it's time the Reserve Bank started printing money...
World shares up as Greek rescue imminent
World shares advanced overnight amid expectations a deal on Greece's second financial rescue was imminent and that China was moving to increase liquidity at its banks.
World shares up as Greek hopes kept alive
World shares were up overnight as investors embrace the news that the Greek bailout may actually succeed.
Bernard Hickey: Are NZ banks about to raise interest rates?
NZ banks may follow their Australian parents and hike floating mortgage rates before any official move, but will struggle to justify it.
NZ dollar falls amid talk of pending Greek deal
The New Zealand dollar dipped below 63 euro cents for the first time in more than a week amid speculation a Greek deal is near.
NZ dollar touches new high vs euro
The kiwi dollar has touched a new record high against the Euro, hitting 63.20 euro cents.
World markets rally on US housing, Spanish bond news
Stocks in Europe and the US rallied overnight, with a big jump in US housing starts, good German business confidence and a healthy appetite for Spanish debt.