Market Close: NZ Sharemarket Dips as Reserve Bank Holds OCR Steady

Market close: NZ sharemarket dips as Reserve Bank holds OCR steady

The New Zealand sharemarket on Wednesday lost most of the gains it made yesterday, while the Reserve Bank aligned with other global counterparts in holding...

OCR Steady As She Goes

The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3.25 per cent while continuing to foreshadow further reductions in the OCR.

OCR continues to drop, Adrian Orr says NZ is in a 'very good position’

A dovish pause: RBNZ will cut rates, just not yet

The Reserve Bank plans to keep cutting rates but doesn’t want to risk inflation reigniting

NZD steady as RBNZ holds OCR at 3.25% – BBH

NZD/USD is range-bound around 0.6000. RBNZ delivers a dovish hold.

OCR steady as she goes

The Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3.25 per cent while continuing to foreshadow further reductions in the OCR. “There has been a 2.25 percentage point reduction in the Official Cash Rate since August last year – easing the cost of borrowin…