Tag: official_cash_rate
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Monetary Policy Committee Holds OCR at 2.25%, Signals Future Increases Amid Inflation Concerns
New Zealand's Monetary Policy Committee held the OCR at 2.25 percent, but anticipates future increases due to rising inflation, global uncertainty, and weakening domestic confidence, aiming to return inflation to its 2 percent target by mid-2027.
BusinessWorldConflictEconomyBankingEmployment and LaborTradeReal EstateMiddle East Monetary Policy CommitteeOfficial Cash RateInflationEconomic OutlookGlobal EconomyConsumer Confidence
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Media Monitor: Reserve Bank Holds Official Cash Rate
Radio New Zealand reports the Reserve Bank has held steady the official cash rate. Also, a woman was found dead after calling for an ambulance, and experts advise against storm damage buyouts.
Politics and GovernmentHealthBusinessSportWorldEconomyMedical ScienceLaw Enforcement Reserve Bankofficial cash rateBarbara Rose McGeeScott GuyFeildingFinanceRNZ News
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Media Monitor: OCR held, heavy rain forecast, youths in custody after shoplifting
1 News reports the Reserve Bank held the OCR, ending a streak of cuts since July 2024. Heavy rain is forecast for parts of New Zealand, and six youths are in custody after an Auckland shoplifting incident.
BusinessWeatherPolitics and GovernmentLaw EnforcementHealthUnited StatesEconomyGeneral WeatherWhite HouseLegalSocial Issues Official Cash RateReserve BankMetServiceNorth IslandSouth IslandAucklandCrimeOne News NZ
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ACT Claims Success in Cutting Red Tape, Reforming Benefits, and Lowering Interest Rates
ACT celebrates the reduction of red tape for barbers, reforms to the benefit system, and a cut in the Official Cash Rate, alongside raising funds for breast cancer research.
Politics and GovernmentHealthBusinessEconomyState GovernmentsSocial Issues ACTred tapebarbersbenefit systemOfficial Cash RateBreast Cancer Foundationfiscal disciplineACT Party NZ