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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Hawkish and dovish views of the OCR
Those of a hawkish mind might choose to focus on the Reserve Bank's firm 4% growth forecast for 2011, while those of a dovish mind might have noted that current policy is tighter than implied by the 2.5% cash rate according to BNZ economist Tony ...
OCR unchanged, mid-year hike reiterated
Reserve Bank of New Zealand Governor Alan Bollard kept the Official Cash Rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
Bollard sticking to the script
Reserve Bank governor Alan Bollard stuck to the script in leaving interest rates unchanged and indicating he may start hiking about the middle of the year.
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