Latest from Monetary Policy

Mervyn King - 'We are not out of the woods yet'
The global financial crisis is far from over and the underlying problems that gave rise to it remain unsolved, says Lord King.

Westpac raises NZ growth forecasts
Westpac has revised up its NZ growth forecast for 2014 to 4.2% and expects the Kiwi dollar to remain high against the US and Aussie dollars.

NZ dollar recovers ground against trans-Tasman counterpart
The New Zealand dollar recovered ground against its trans-Tasman counterpart after falling unemployment firmed up expectations for a rate hike by the local central bank.

Kiwi dollar tipped to fall this week
Signs of a revival in the Aussie economy have prompted that nation's central bank to remove its easing bias.

Rate rise in March - bank on it
The OCR has been left unchanged this morning, making a March hike now 'a near certainty' according to one economist.

Dollar slips on speculation US Fed will further trim asset purchases
The dollar fell against the greenback amid speculation the Federal Reserve will further trim its bond buying programme next week.