Latest fromMonetary Policy

<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.

Bollard lifts OCR, future hikes likely to be less
While increasing the OCR this morning, Reserve Bank Governor Alan Bollard has indicated that future hikes won't be as aggressive as earlier tipped.

NZ dollar tumbles despite interest rates hike
The NZ dollar has tumbled this morning, after Reserve Bank governor Alan Bollard signalled that future interest rate rises will be more modest than earlier indicated.

<i>Brian Fallow:</i> Bollard still expects 'respectable' growth
Bollard's statement carried a thinly veiled warning about the consequences of passing on GST increases.

NZ dollar jumps to six-month high
The NZ dollar climbed to a six-month high as a surge in new home sales in the US stoked investors' appetite for higher-yielding, or riskier, assets.

<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble
It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.

OCR hike tipped for next week
The Reserve Bank is tipped to raise the Official Cash Rate next week, despite lower than expected economic growth.

Kiwis will turn to credit if Bollard raises interest rates
Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a new survey.

Interest rates tipped to rise despite CPI dip
Economists expect the Reserve Bank will raise interest rates further late this month, despite lower than expected inflation figures.

Inflation now 1.8pc - lower food prices offset tobacco hike
New CPI figures show prices rose 0.3 per cent for the June 2010 quarter, meaning annual inflation is running at 1.8 per cent.

<i>NZ Dollar Outlook:</i> US earnings set to dominate
The New Zealand dollar may be little changed over the next five days after a 3.2pc surge last week took it above 71 US cents for the first time in a fortnight.

Auckland house prices slump in June
Auckland house sales slumped 16pc in June, with the average sale price falling 3.6pc from a year ago, says real estate firm Barfoot & Thompson.

Labour outlines monetary policy
Phil Goff says the Labour Party would require the Reserve Bank to pursue broader objectives.

Households need to do more, says Bollard
New Zealanders should do more to address economic imbalances, especially external debt, says the Reserve Bank.

More uridashi sales would be useful, Bollard says
Alan Bollard says a pickup in sales of 'uridashi' bonds to Japanese investors would be useful.

OCR up, mortgages to rise $10 a week
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.

<i>Brian Fallow :</i> A lot of assumptions in OCR move
For borrowers the Reserve Bank's statement makes dispiriting reading...