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The increase in the cash rate to 0.50% by the Reserve Bank of New Zealand (RBNZ) had been forecast by all 20 economists polled by Reuters. New Zealand raises rates for first time in seven years ...
The increase in the cash rate to 0.50% by the Reserve Bank of New Zealand (RBNZ) had been forecast by all 20 economists polled by Reuters. UPDATE 3-New Zealand raises rates for first time in seven ...
The Reserve Bank of New Zealand (RBNZ) raised the official cash rate (OCR) by 75 basis points to 4.25% and crucially now sees rates peaking at 5.5%, compared with a previous forecast of 4.1%.
Major central banks are determined to clamp down on red-hot inflation, with Australia and New Zealand delivering further interest rate hikes this week. A smaller-than-anticipated rate hike in ...
The parties shown in the table are National (NAT), Labour (LAB), Green (GRN), ACT, New Zealand First (NZF), Te Pāti Māori (TPM), and Opportunities (TOP). Other parties may have also registered in some polls, but are not listed in this table. Graph of opinion polls by party.
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1 ] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.