NZ dollar eases ahead of QSBO, RBA meeting
The New Zealand dollar fell from a 10-month high as a pick-up in American housing data polished the appeal of the beaten-down greenback.
AdvertisementAdvertise with NZME.
Latest fromMonetary Policy
<i>Inside Money: </i> Bean counters savings advice
Should savers expect to live off their incomes?
<i>Bernard Hickey - </i> The free market god doesn't exist
I feel like a priest who has been wrestling with his belief in god...
GDP tipped to grow less than Bollard's forecast
Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.
OCR stays at 3pc, future hikes 'more moderate'
A weakening recovery and the Christchurch earthquake have prompted the Reserve Bank to leave official interest rates on hold this morning at 3 per cent.
<i>Brian Fallow:</i> Time on Bollard's side
If Alan Bollard's interest rate decision today had needed a theme song, it would have been the Rolling Stones' "Time is on my side."
Earthquake means no OCR hike till 2011, says economist
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.
NZ dollar rises as anxiety eases, eyes on Australia
The New Zealand dollar opened firmer this morning as anxiety about the global economy eased.
<i>Fran O'Sullivan:</i> Labour gets back into the game
Fran O'Sullivan writes that Phil Goff has been handed a couple of political aces - but how he plays them remains to be seen.
Fed details US debt shopping plan
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.