Latest fromMonetary Policy
OCR up, mortgages to rise $10 a week
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.
<i>Brian Fallow :</i> A lot of assumptions in OCR move
For borrowers the Reserve Bank's statement makes dispiriting reading...
Pressure on Bollard to hold rates steady
Opinion is divided on whether inflationary pressures and the global crisis will be enough for Alan Bollard to begin lifting rates next week.
Budget tax overhaul set to fuel inflation spike
Inflation is expected to spike higher than many were predicting, as a result of yesterday's Budget tax changes.
Euro credit crisis looms over NZ stability: Bollard
As an external debtor country, NZ could be vulnerable to any renewed deterioration in global debt markets, the Reserve Bank Governor says.
NZ economy trucking again: Bollard
NZ's recovery from the financial crisis is entering a "new, less fragile stage" but the Reserve Bank will keep its "foot on the gas".
Greece agrees to savage cuts
Greece and the wider eurozone scrambled back from the brink of disaster again on Friday as the outline of an IMF/eurozone rescue package emerged.
OCR steady, rates to rise 'over coming months'
Official interest rates are staying at 2.5pc but Reserve Bank governor Alan Bollard hints increases are likely 'in coming months'.