Alan Bollard
RBNZ Monetary Policy Statement, March 2004
The Reserve Bank of New Zealand has published its Monetary Policy Statement (MPS) for March 2004. Speaking at the release of the Statement Governor Alan Bollard said New Zealand has continued to enjoy a period of sustained economic growth over recent…
RBNZ leaves rates unchanged at 5.25 per cent
The Reserve Bank of New Zealand decided to leave the Official Cash Rate unchanged at 5.25 per cent on 11 March. Alan Bollard said the overall CPI inflation rate has so far been offset by weak imported inflation due to the rising NZ dollar exchange rate.
RBNZ propose ability to intervene in forex market
The Reserve Bank of New Zealand on Thursday 11 March recommended to the Minister of Finance that, as one of its monetary policy implementation tools, it should have the capacity to intervene in the foreign exchange market to influence the level of the…
RBNZ's Bollard on asset prices and monetary policy
In a speech on 'Asset prices and Monetary Policy' given on 30 January, Alan Bollard of the Reserve Bank of New Zealand said he would be willing to use monetary policy "to constrain extreme asset price bubbles," but that the current situation with housing…
RBNZ leaves OCR unchanged
The Reserve Bank of New Zealand decided to leave the Official Cash Rate unchanged at 5.0 per cent on 4 November.
RBNZ's Bollard speaks on ANZ acquisition
The Reserve Bank of New Zealand released an excerpt from a speech by Reserve Bank Governor Alan Bollard on 6 November. It outlines the policy initiatives taken by the Reserve Bank in dealing with the application by the ANZ to buy National Bank. The…
Bollard on Investing in a low inflation world
In a speech on 'Investing in a low inflation world' given on 14 October, Alan Bollard of the Reserve Bank of New Zealand warned that too many New Zealanders are taking higher risks than they realise in the way they borrow and invest. Dr Bollard said that…
RBNZ Governor reminds gov't of inflationary impact
Speaking on 28 July Reserve Bank of New Zealand governor Alan Bollard urged local government in New Zealand to consider the broader economic implications when putting up rates and other local body charges.
RBNZ focusing on banking supervision in NZ
Speaking in Wellington, Reserve Bank of New Zealand governor Dr Alan Bollard said "The Reserve Bank is keen to ensure that our regulatory system is invigorated and focused." In a press release Friday the RBNZ signalled its intention to put more effort…
RBNZ reduces OCR to 5.0 per cent
The Reserve Bank of New Zealand knocked a quarter percent off its main OCR interest rate Thursday. Governor Alan Bollard said on balance a further reduction seems appropriate today, with evidence continuing to suggest slowing economic activity.
First 'Bollard' signed bank notes issued by RBNZ
The Reserve Bank of New Zealand announced on Thursday 26 June that two million $5 notes with Governor Alan Bollard's signature have been printed.
RBNZ lowers rates to 5.25%
Weak consumer confidence caused the Reserve Bank of New Zealand to cut the official cash rate by a quarter of a percentage point to 5.25%, Reuters reports. Although the cut was expected, some economists had predicted it would be greater.
Interview with RBNZ governor Alan Bollard
INTERVIEW - In the interview Reserve Bank of New Zealand Governor Alan Bollard revealed that the central bank is looking closely at the model it uses for forecasting the economy. "Definitely part of what I need to do is get some confidence about what the…
Bollard on making sense of a rising exchange rate
SPEECH - In the speech 'Making sense of a rising exchange rate' Alan Bollard of the Reserve Bank of New Zealand said however much we can understand, after the event, what has driven the exchange rate, neither economists and central bankers (nor anyone…
RBNZ Bollard says rates may fall as currency rises
New Zealand's central bank chief Alan Bollard said on Thursday he may cut interest rates this year because a rising New Zealand dollar is slowing consumer spending and inflation.
New Zealand raises inflation target
NEW ZEALAND - New Zealand raised its inflation target in the New Policy Targets Agreement announced Tuesday giving new central bank Governor Alan Bollard more leeway to avoid sudden interest rate increases that might choke economic expansion.
Treasury Secretary appointed new governor at RBNZ
NEW ZEALAND - The long wait for a replacement to Donald Brash is over as Treasury Secretary Dr Alan Bollard was appointed New Zealand's new Reserve Bank Governor on Thursday.