Latest from Monetary Policy

Deficit expected to top $5 billion

NZ dollar recovers as currencies rally

NZ dollar extends decline on Bollard gloom

Housing market has bank looking on gloomy side

<i>Brian Fallow</i>: Bollard changes his tune as growth prospects dim

Households cautious about spending

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."

<i>Paul Holmes</i>: We had it all, then we spent it all

<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.

Confidence index slumps to lowest point

NZ dollar falls to two-mth low vs aussie

Rate rise 'nail in the coffin' for house building sector

NZ dollar falls after OCR hiked

<i>Bernard Hickey:</i> Hitting the brick wall of too much debt

This makes the decision about choosing to fix or float that little bit tougher.