Reserve Bank of New Zealand (RBNZ)
Danish central bank ends negative rates experiment
National Bank of Denmark moves deposit rate into positive territory for first time in two years; Reserve Bank of New Zealand delivers second successive rate hike
New Zealand’s loan restrictions finding their mark
Banks are reigning in their high loan-to-value ratio loans in response to central bank’s macro-prudential measures; IMF backs ‘tight limits’
New Zealand champions coordination of monetary and macro-prudential policy
Reserve Bank of New Zealand deputy governor says there is an ‘appropriate role’ for coordination if both policy arms retain ‘clear primary objectives’
RBNZ hikes rates for first time in three years
Reserve Bank of New Zealand raises its key rate to 2.75% and signals gradual tightening will continue until the rate has increased by 'about two percentage points'
RBNZ signals impending rate rise
Reserve Bank of New Zealand says it expects to increase the OCR ‘soon’ as inflationary pressures look set to increase over the next two years; today’s rate hold surprises markets
Stick to inflation targeting, Grimes tells central banks
Central bankers should stick to what they do best – keeping inflation in check – without taking on multiple targets that damage their credibility, says recently retired RBNZ chairman Arthur Grimes
New Zealand bond yields are determined globally, paper finds
Global factors are the dominant determinant of New Zealand 10-year bond yields, but shorter term borrowing depends much more on local factors, according to a new working paper
Reserve Bank of New Zealand looks to ramp up ‘alternative' communication
RBNZ doubles down on speeches and alternative media channels such as videos and infographics to cut through post-crisis ‘noise'; follows Riksbank's communication strategy overhaul earlier this week
New Zealand payment systems under review
Reserve Bank of New Zealand announces review of its two large-value settlement systems; expects to sanction ‘significant upgrades’ to both within the next four years
Wheeler shines a spotlight on housing supply
Reserve Bank of New Zealand governor Graeme Wheeler says restrictions on high loan-to-value mortgages will alleviate house price increases, but the bigger issue is housing supply
McDermott reveals drop in New Zealand’s neutral rate of interest
Reserve Bank of New Zealand assistant governor says households and businesses should expect to face lower rates ‘on average’ in the future relative to before the crisis
RBNZ rings changes in policy frameworks
Annual report highlights changes in how Reserve Bank of New Zealand is organised, the way in which it formulates policy and the tools at its disposal
RBNZ bulletin tackles inflation, macro-prudential policy and reserve bank capital
Latest issue of Reserve Bank of New Zealand's bulletin examines why inflation has remained low despite healthy economic growth
RBNZ institutional set-up makes forward guidance easier, says Grimes
Former chair of Reserve Bank of New Zealand’s board of directors says the concentration of power in the hands of the central bank’s governor makes forward guidance easier and policy-making clearer
RBNZ closing loan valuation loopholes
Reserve Bank of New Zealand proposes stricter rules on how banks value housing loans and residential properties to prevent them undermining new macro-prudential policy
Asia-Pacific central banks shed light on future policy
Bank Indonesia hikes rates; Reserve Bank of New Zealand says it will likely tighten policy in 2014; Bank of Korea looks to buck emerging market trend and keep rates low as inflation drops
RBNZ licenses 99 insurers as three-year deadline passes
New Zealand's 2010 Insurance Act gave insurers until this Saturday to apply for and receive a licence allowing them to continue business operations in the country
RBNZ restricts low-deposit mortgage lending
Graeme Wheeler says banks will face ‘speed limit’ on their high loan-to-value mortgage lending from October 1; RBNZ hopes to avoid raising rates while currency remains over-valued
New Zealand opposition says RBNZ internal review backs case for more transparency
Internal review confirms New Zealand is an outlier in giving the Reserve Bank governor a monetary policy veto; Green Party says change in law should be 'non-controversial'
RBNZ plumps for ‘speed limit’ on lending restrictions
Reserve Bank of New Zealand says any restrictions on banks' high loan-to-value mortgage lending will take the form of a quota over time, as opposed to an outright ban
Fed's Fisher reshuffles senior team; RBNZ gets new directors
Harvey Rosenblum, who has attended more FOMC meetings than any other active participant, retires from Dallas Fed, causing a senior re-shuffle; New Zealand appoints two directors to Reserve Bank board
People: Shirakawa returns to teaching; Bank of Ghana gets new deputy governor
Masaaki Shirakawa takes up position at a private university in Tokyo; Abdul-Nasirhu Issahaku called on to bring World Bank experience to Bank of Ghana; Rod Carr appointed to chair RBNZ board
RBNZ bulletin examines last crisis through ‘macro-prudential lens’
Article finds that a counter-cyclical capital buffer and changes to the core funding ratio could have been ‘usefully employed’ in 2004 to build financial sector resilience
RBNZ deputy threatens use of loan-to-value restrictions to curb housing demand
Grant Spencer says interest rate hike would not be an 'appropriate response' to strong housing demand while macro-prudential intervention could be effective