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’s unemployment rate rose to 5.1% in the December quarter, as was widely expected, with criticism targeted at the ...
New Zealand, which has a population of just 5.3 million, has seen its economy struggle over the last couple of years as 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 ...