Statement issued by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today increased the OCR by 25 basis points to 2.75 percent. New Zealand’s economic expansion has considerable momentum, and ...

Breman: No one strongly pushed for raising rates at today’s RBNZ meeting. Breman: Reserve Bank of NZ not near a rate hike at today’s meeting. RESERVE BANK OF NZ GOVERNOR: TIGHTER FINANCIAL CONDITIONS ...

The Reserve Bank (RBNZ) has delivered the widely expected half a percentage point (50 basis points) cut to the official cash rate (OCR) to a two year low of 3.75 percent, but signalled it will be more ...

RBNZ cuts official cash rate by 25 basis points to three-year low of 3 percent. Monetary committee split between 25 or 50 bps cut - voted 4-2 for smaller. Leaves door open for further rate cuts, ...

Kiwibank economists have pushed back over rival bank economists making the case for three Official Cash Rate hikes this year. Kiwibank warned such a move could be “reckless” and risked inducing ...

Our new Reserve Bank Governor says she has full confidence in the people making OCR decisions. The Monetary Policy Committee, chaired by Anna Breman, has decided to keep the OCR unchanged at 2.25% for ...

Lenders are increasingly frustrated with OCR (optical character recognition) solutions that are designed to read data off paystubs, but they’re only pulling text from the documents. They also aren’t ...