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Reserve Bank - Latest News [Page 34]
Reserve Bank issues Statement of Intent
Monday, 30 June 2008, 3:54 pm | Reserve Bank
The Reserve Bank has released its Statement of Intent (SOI) for 2008-2011. Reserve Bank Governor Alan Bollard said the SOI has been written in a period of considerable uncertainty in the outlook for the economy. More >>
Reserve Bank accredits BNZ under Basel II Accord
Monday, 30 June 2008, 12:45 am | Reserve Bank
The Reserve Bank of New Zealand today announced that the Bank of New Zealand (BNZ) has been accredited to adopt the internal models approach for credit risk under the Basel II banking supervisory regime from the third quarter of 2008. The BNZ was accredited ... More >>
June 2008 Reserve Bank Bulletin released
Friday, 27 June 2008, 11:42 am | Reserve Bank
This latest edition of the Bulletin focuses on monetary policy and its interaction with the business cycle in New Zealand. More >>
Bank takes issue on settlement system claims
Wednesday, 11 June 2008, 2:49 pm | Reserve Bank
The Reserve Bank today said it supports the moves to enhance legislation governing the designation of settlement systems, announced yesterday by Commerce Minister Lianne Dalziel. More >>
OCR unchanged at 8.25 percent
Thursday, 5 June 2008, 9:34 am | Reserve Bank
Reserve Bank Governor Alan Bollard said: "The global economy is currently experiencing significant increases in oil and food prices. These price increases are occurring at the same time as activity is weakening in many economies in response to the global ... More >>
NZ gives aid to China after quake
Friday, 16 May 2008, 10:20 am | Reserve Bank
New Zealand is giving $500,000 to the International Federation of the Red Cross (IFRC) to assist victims of the Sichuan earthquake, Foreign Minister Winston Peters announced today. More >>
Latest RBNZ Discussion Papers
Friday, 16 May 2008, 10:18 am | Reserve Bank
The following Discussion Papers have been released on the Reserve Bank's website. Heterogenous expectations, adaptive learning, and forward looking monetary policy; A macro stress testing model with feedback effects Mizuho Kida ; Analysing shock ... More >>
RBA pushes up inflation forecast to 4.5% in 2008
Friday, 9 May 2008, 3:11 pm | Reserve Bank
The RBA today released its quarterly Statement on Monetary Policy (SMP). The statement highlighted that the outlook for economic growth and inflation depended on several opposing forces. The RBA acknowledged that the impact of the rising terms of trade ... More >>
Reserve Bank announces new liquidity measures
Wednesday, 7 May 2008, 9:27 am | Reserve Bank
The Reserve Bank today announced that it is adopting measures to ensure there is sufficient liquidity in the banking system in the event of further international financial market turbulence. More >>
NZ financial system withstands test
Wednesday, 7 May 2008, 9:26 am | Reserve Bank
New Zealand's financial system has so far withstood a severe test of global financial markets, but it would be prudent to ensure there is adequate liquidity in case disruptions intensify, Reserve Bank Governor Alan Bollard said today, when releasing the Bank's ... More >>
OCR unchanged at 8.25 percent
Thursday, 24 April 2008, 9:16 am | Reserve Bank
Reserve Bank Governor Alan Bollard said: "Economic activity has weakened more markedly than expected in the Bank's March Monetary Policy Statement. There have been sharp falls in consumer and business sentiment, exacerbated by tighter credit conditions, ... More >>
No need for banks, businesses to hibernate: RBNZ
Wednesday, 9 April 2008, 9:29 am | Reserve Bank
Banks should avoid overreacting to the economic downturn, Reserve Bank Governor Alan Bollard told the Marlborough Chamber of Commerce today. "The New Zealand economy remains fundamentally sound and creditworthy," he said. More >>
The New Zealand economic outlook
Friday, 28 March 2008, 1:08 pm | Reserve Bank
Recent global financial and economic developments have underlined the policy risks facing New Zealand, Reserve Bank Governor Alan Bollard told the Euromoney Australian Financial Markets Innovation Congress in Sydney today. More >>
March 2008 Reserve Bank Bulletin released
Friday, 28 March 2008, 9:52 am | Reserve Bank
The Reserve Bank today released the March 2008 issue of the Reserve Bank of New Zealand Bulletin. The latest edition of the Reserve Bank Bulletin focuses on the theme of money and credit. Money and credit are a vital part of the economy, and essential ... More >>
Entries open in Reserve Bank Policy Challenge
Thursday, 27 March 2008, 3:44 pm | Reserve Bank
Entries have opened to the Reserve Bank of New Zealand 2008 Monetary Policy Challenge (MPC). The MPC is open to all New Zealand senior secondary school economics students. It is designed to expand students' understanding of monetary policy and links to ... More >>
Challenges for small open economies in uncertainty
Friday, 7 March 2008, 2:13 pm | Reserve Bank
The past decade has highlighted challenges that small open economies like New Zealand face in trying to run monetary policy in a connected world, Reserve Bank Governor Alan Bollard said in remarks to be delivered at an International Symposium at the ... More >>
OCR will remain unchanged at 8.25 percent
Thursday, 6 March 2008, 9:12 am | Reserve Bank
Reserve Bank Governor Alan Bollard said: "The outlook for economic activity has deteriorated somewhat since we reviewed the OCR in January. The main reasons are weaker prospects for world growth, tighter credit conditions, a sharper-than-expected slowing in the ... More >>
Major shocks pose policy challenge
Friday, 25 January 2008, 1:34 pm | Reserve Bank
Economic policy has to be alert to emerging shocks to the economy, and how they might affect price stability and growth, Reserve Bank Governor, Alan Bollard, said today. More >>
OCR unchanged at 8.25 percent
Thursday, 24 January 2008, 9:03 am | Reserve Bank
Reserve Bank Governor Alan Bollard said: “The outlook for the New Zealand economy remains broadly consistent with the view outlined in the December Monetary Policy Statement. While the housing market continues to cool, the labour market remains ... More >>
Latest Reserve Bank of New Zealand Discussion Pape
Friday, 18 January 2008, 11:00 am | Reserve Bank
Some benefits of monetary policy transparency New Zealand; Explaining movements in the NZ Dollar - Central Bank Communication and the Surprise Element in Monetary Policy? More >>
