Alan Bollard

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.

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…

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