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Consumer confidence takes a dive as cost of living bites
In news that will cheer the Reserve Bank, consumers feel more downbeat about spending.
In news that will cheer the Reserve Bank, consumers feel more downbeat about spending.
Spending was already limited and has now dried up, report businesses.
OPINION: Our editorial on the Reserve Bank's bleak outlook.
OPINION: Is the Reserve Bank making things worse?
Got questions about house prices, rates and loans? Ask our expert.
Reserve Bank says trimming pay demands one of the only ways out of recession.
The move has taken the official cash rate to its highest level since 2008.
National leader says the Government needs to step up in the inflation fight
RBNZ is likely to be in full hawk mode for the Monetary Policy Statement on Wednesday.
The Reserve Bank is standing by its review of monetary policy.
The Reserve Bank's f-year monetary policy review says
In its attempts to tackle inflation, the Reserve Bank is going to increase unemployment.
Deputy Prime Minister and Finance Minister Grant Robertson announced the news this morning
OPINION: Adrian Orr's apolitical role could ironically be decided by a general election.
Demand for workers is still strong but that's going to put more pressure on borrowers.
Some borrowers who bought houses in 2021 are now in negative equity.
National thinks Adrian Orr breached a Reserve Bank rule by speaking when he shouldn't.
The Reserve Bank has been "stress testing" how banks would cope in a severe scenario.
Consumer price index data for the September quarter will provide insight into inflation.
Last week's US inflation data provided an ominous warning for New Zealand's economy.
Reserve Bank feels bite of tight labour market and controversial restructure.
Higher mortgage rates on the cards if the market assessment of RBNZ's wording is right.
The hike takes the OCR from 3 per cent to 3.5 per cent.
Wellington continues to experience the weakest performance in New Zealand.
Mortgage rates are already creeping up as expectations for the OCR peak rise
Adrian Orr notes 'every currency in the world is declining against the USD'.
Generation gap: Consumer confidence has bounced back fast - but only for the under-30s.
Comment: There's not much investors can do but strap in and go along for the ride.
With the economy firmly clear of recession, debate now turns back to the inflation fight.
She first starred on our coins soon after her Coronation. Later, she graced our banknotes.