Reserve Bank of New Zealand (RBNZ)
NZ to keep rate at record low until end of 2010
The Reserve Bank of New Zealand followed the Bank of Canada's lead on Thursday and said it was likely to keep its benchmark rate at or below its current record low of 2.5% until the second half of 2010.
More easing needed in New Zealand: OECD
The Reserve Bank of New Zealand should cut its policy rate by a further percentage point to 2% in order to stimulate the domestic economy, said the Organisation for Economic Cooperation and Development (OECD) on Thursday. The views contrast with those…
NZ's Bollard sees recovery soon
The Reserve Bank of New Zealand cut its key rate to a fresh record low on Thursday, but Alan Bollard, the governor of the Reserve Bank, signalled an economic recovery is not far off.
New Zealand will suffer, says Bollard
New Zealand's economy has its strengths but it will not escape unscathed from the global crisis, Alan Bollard, the governor of the Reserve Bank of New Zealand, has warned.
NZ's Bollard: banks need more capital
Financial institutions need more capital if the global financial system is to get back on track, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
NZ makes another mammoth cut, rates hit fresh low
The Reserve Bank of New Zealand slashed its benchmark official cash rate by 150 basis points to a new all-time low of 3.5% on Thursday and signalled it could cut again in the coming months.
RBNZ bulletin on liquidity issues
The Reserve Bank of New Zealand's December Bulletin is built around the theme of liquidity and New Zealand's financial markets.
Bumper day for cuts, three slash by record margin
The European Central Bank (ECB), the Riksbank and the Reserve Bank of New Zealand backed the biggest rate cuts in their history on Thursday, highlighting the pace at which the threat of a global depression has risen.
RBNZ to operate TAF to avert liquidity crunch
The Reserve Bank of New Zealand on Friday said it will follow the Federal Reserve's lead in establishing a Term Auction Facility (TAF) operation to enhance liquidity.
New Zealand cuts by half a point
The Reserve Bank of New Zealand on Thursday cut rates by half a point for the first time in almost seven years on evidence the country's economy was now in recession.
RBNZ's regulatory role expanded
Wellington has broadened the supervisory scope of the Reserve Bank of New Zealand, making the central bank responsible for the regulation of non-bank deposit takers.
Banking system fundamentally sound: RBNZ
The Reserve Bank of New Zealand on Thursday moved to assuage fears that the country's financial system is unstable.
New Zealand surprises with rate cut
The Reserve Bank of New Zealand on Thursday cut the benchmark official cash rate a quarter point to 8%.
NZ's Bollard wary of calls for cyclical policy
Alan Bollard, the governor of the Reserve Bank of New Zealand, discusses the threat of recession, the central bank's new liquidity rules, and dealing with the procyclicality of credit cycles
Leave rates at record high, IMF tells NZ
The International Monetary Fund (IMF) has called on the Reserve Bank of New Zealand to avoid cutting rates until clearer signs of a slump emerge.
NZ eases rules to ward off turmoil
The Reserve Bank of New Zealand has relaxed its collateral rules as a precaution against further tumult in global financial markets.
New Zealand set for slowdown - Bollard
New Zealand will see a moderate slowdown in economic activity reflecting weaker household spending, business investment, the negative effects of dry weather conditions and the impact of the exchange rate on exporters, stated Alan Bollard, the governor of…
Value for money: Financial accountability for central banks
In this introduction to the special feature, John Mendzela explains why central banks are under increasing pressure to be financially accountable
RBNZ set to regulate insurance industry
The Reserve Bank of New Zealand on Monday became responsible for regulating all life, health and general insurance providers.
Bollard confounds his critics
Mansoor Mohi-uddin suggests the Reserve Bank of New Zealand’s controversial intervention in the foreign exchange market earlier this year has paid off
Prospects for an inflation-targeting Fed
John H. Wood argues that legislative hurdles make a move to inflation targeting by the Fed unlikely. But, he says, the issue is a red herring
Reserve Bank of New Zealand - 06/07 Annual Report
Alan Bollard, the governor of the Reserve Bank of New Zealand, said that, aside from price stability, the central bank had focused on foreign exchange, banking, financial systems, payment systems and currency.
RBNZ comments on liquidity provisions
Grant Spencer, the acting governor of the Reserve Bank of New Zealand, says the central bank would act if market conditions worsened, saying that the bank "stands ready to provide additional liquidity" if required.
Brash enters Kiwi fracas
Don Brash, the former governor of the Reserve Bank of New Zealand, has entered the ongoing debate about the relations between the central bank and the ministry of finance.