New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.
Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation ...
New Zealands central bank is moving toward a lower neutral interest rate as inflation subsides and pandemic-related ...
The Reserve Bank came out last week with Paul Conway’s speech saying neutral is 2.5% or 3% [for the OCR] so they are still ...
New Zealand says inflation in the fourth quarter was at an annual rate of 2.2%, comfortably within the central bank’s target ...
A New Zealand central banker on Wednesday said the official interest rate will tend towards neutral in the absence of future ...
New Zealand, which has a population of just 5.3 million, has seen its economy struggle over the last couple of years as the ...
New Zealand’s unemployment rate rose to 5.1% in the December quarter, as was widely expected, with criticism targeted at the ...
Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...
New Zealand’s December inflation data paves the way for another hefty rate cut in February, but economists expect the easing ...