Showing 1 - 7 of 7
New Zealand names first woman as governor in central bank’s 90-year history
Bloomberg News, Published on 24/09/2025
» AUCKLAND — New Zealand named Anna Breman as the new Reserve Bank governor, appointing a woman to the role for the first time as it seeks to refresh an institution damaged by the unexpected departure of predecessor Adrian Orr earlier this year.
NZ's central bank stuns markets with 50-bp rate cut
Reuters, Published on 07/08/2019
» WELLINGTON: New Zealand's central bank stunned markets on Wednesday by cutting the official cash rate (OCR) by a bigger-than-expected 50 basis points to a record-low 1.00%, and looked set to keep policy lower for longer in the face of growing economic risks.
NZ central bank asked to re-think mortgage restrictions
Reuters, Published on 16/08/2017
» WELLINGTON - New Zealand Prime Minister Bill English this week signalled the central bank should consider removing mortgage lending restrictions as the country's red-hot housing market cools.
Asia central bank doves flutter wings as Fed takes time
Reuters, Published on 22/09/2016
» SINGAPORE - By dallying over raising interest rates, the US Federal Reserve made it easier this week for central banks in the Asia-Pacific to stay dovish, with Indonesia lowering rates on Thursday and Australia and New Zealand saying they could cut later.
Building boom spurs New Zealand economic growth
AFP, Published on 15/09/2016
» WELLINGTON - The New Zealand economy maintained strong growth in the April-June quarter as record-low interest rates fuelled a construction boom, official data released on Thursday showed.
NZ sets key interest rate to record low
AFP, Published on 10/03/2016
» WELLINGTON - New Zealand unexpectedly slashed interest rates to a record low on Thursday in a "shock and awe" tactic, stunning financial markets and sending the kiwi currency tumbling.
New Zealand Q2 economic growth disappoints
AFP, Published on 17/09/2015
» WELLINGTON - New Zealand's farm-dependent economy is growing more slowly than expected, official figures showed Thursday, feeding expectation of further interest rate cuts.