Reserve Bank - Latest News [Page 22]
Housing and dairy risks to financial stability
Wednesday, 11 May 2016, 9:58 am | Reserve Bank
New Zealand’s financial system is resilient and continues to function effectively, but risks to the financial stability outlook have increased further in the past six months, Reserve Bank Governor, Graeme Wheeler, said today when releasing the Bank’s ... More >>
Official Cash Rate unchanged at 2.25 percent
Thursday, 28 April 2016, 9:10 am | Reserve Bank
The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. More >>
IMF to assess how NZ’s financial institutions are regulated
Wednesday, 27 April 2016, 11:38 am | Reserve Bank
The International Monetary Fund (IMF) is preparing to assess the way that financial institutions are prudentially regulated and supervised, a report says in the Reserve Bank Bulletin published today. More >>
SIA to supply new settlement system
Monday, 18 April 2016, 3:13 pm | Reserve Bank
The Reserve Bank has signed a contract with SIA to implement and support a new real-time gross settlement system (RTGS) that will replace the current Exchange Settlement Account System (ESAS). Deputy Governor Geoff Bascand said: “Our preferred approach ... More >>
Reserve Bank takes action after investigation confirms leak
Thursday, 14 April 2016, 2:15 pm | Reserve Bank
An independent investigation has confirmed that highly sensitive and valuable market information on the March Official Cash Rate (OCR) cut decision was leaked by a journalist ahead of the official release, the Reserve Bank said today. Following the investigation, ... More >>
Reserve Bank selects Numerix trade valuation system
Wednesday, 13 April 2016, 4:28 pm | Reserve Bank
The Reserve Bank has selected Numerix as its strategic partner for trade valuation and risk management analytics. The Reserve Bank will use the Numerix Oneview system for risk pricing and risk analytics, market standard trade valuation, and position ... More >>
New $20s, $50s and $100s will start circulating from May
Monday, 11 April 2016, 10:23 am | Reserve Bank
The new $20, $50 and $100 banknotes were revealed at Government House today by the Governor-General, Lt Gen the Rt Hon Sir Jerry Mateparae. More >>
Reserve Bank Bulletin looks at market liquidity conditions
Friday, 8 April 2016, 11:37 am | Reserve Bank
Reserve Bank Bulletin looks at market liquidity conditions The Reserve Bank today published a Bulletin article that looks at liquidity in financial markets. Financial market participants have become increasingly worried in recent years about a decline ... More >>
Strong labour force growth underpins economic growth
Thursday, 7 April 2016, 12:47 pm | Reserve Bank
Rapid growth of the workforce, boosted by new migrants, women, and older workers, has helped create strong economic growth over the past four years without driving up inflation, the Reserve Bank says. More >>
Reserve Bank consults on a crisis management regime
Thursday, 24 March 2016, 11:45 am | Reserve Bank
The Reserve Bank today began public consultation on a crisis management regime for systemically important financial market infrastructures (SIFMIs). The proposed regime forms the final part of proposals the Bank published in December 2015 for a new oversight ... More >>
Inflation expectations and monetary policy
Monday, 14 March 2016, 11:21 am | Reserve Bank
The Reserve Bank today published a Bulletin article, ‘Inflation expectations and the conduct of monetary policy in New Zealand’ . This article discusses some useful tools the Bank has developed to assess the policy implications of inflation expectations, ... More >>
Reserve Bank to retain NZClear
Friday, 11 March 2016, 10:51 am | Reserve Bank
Reserve Bank to retain NZClear The Reserve Bank has decided to retain the NZClear business. After a strategic review in 2014, the Bank sought interest from potential operators of securities settlement services. It has now concluded the search without ... More >>
Official Cash Rate reduced to 2.25 percent
Thursday, 10 March 2016, 9:26 am | Reserve Bank
The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent. More >>
Reserve Bank highlights importance of market discipline
Friday, 5 February 2016, 8:52 am | Reserve Bank
Reserve Bank highlights importance of market discipline The Reserve Bank today highlighted the importance of market discipline as one of three pillars that help maintain the stability of financial institutions. In a speech this evening hosted by the NZ Bankers ... More >>
Forward guidance aids effective monetary policy
Thursday, 4 February 2016, 11:40 am | Reserve Bank
The Reserve Bank’s regular forward guidance on interest rates supports the effectiveness and accountability of its monetary policy actions, Assistant Governor and Head of Economics, Dr John McDermott, said today. Speaking to the Goldman Sachs Annual Global ... More >>
Reserve Bank will draw on PTA flexibility
Wednesday, 3 February 2016, 1:13 pm | Reserve Bank
The Reserve Bank will continue to draw on the flexibility contained in the PTA in managing economic risks and assessing monetary policy, Governor Graeme Wheeler said today. Speaking to the Canterbury Employers’ Chamber of Commerce in Christchurch, ... More >>
New RBNZ Discussion Paper: How exporters set prices
Monday, 1 February 2016, 12:18 pm | Reserve Bank
The first discussion paper of the year has been published on the Reserve Bank’s website. More >>
Bulletin looks at divergence in house prices
Friday, 29 January 2016, 12:00 pm | Reserve Bank
The Reserve Bank today published a Bulletin article, ‘New Zealand house prices: a historical perspective’ that provides historical context to the current divergence between house price inflation in Auckland and the rest of New Zealand. More >>
Official Cash Rate unchanged at 2.5 percent
Thursday, 28 January 2016, 9:13 am | Reserve Bank
The Reserve Bank today left the Official Cash Rate unchanged at 2.5 percent. Uncertainty about the strength of the global economy has increased due to weaker growth in the developing world and concerns about China and other emerging markets. Prices for ... More >>
Risk management model wins international award
Friday, 15 January 2016, 10:14 am | Reserve Bank
International publisher Central Banking Publications has named the Reserve Bank of New Zealand’s Enterprise Risk Management (ERM) model as “Initiative of the Year” in its annual awards. More >>