Official cash rate

Reserve Bank lifts OCR

Reserve Bank lifts OCR

The Reserve Bank has just lifted the Official Cash Rate by 25 basis points to 3.25 per cent.

Reserve Bank hikes OCR

Reserve Bank hikes OCR

The Reserve Bank has lifted the Official Cash Rate to 2.75 per cent.

OCR left unchanged

OCR left unchanged

Reserve Bank Governor Graeme Wheeler, issuing his first quarterly Monetary Policy Statement this morning, has left the Official Cash Rate unchanged.

No rush for Reserve Bank to move on cash rate

The Reserve Bank may yet consider postponing the beginning of it monetary tightening policy as mortgage holders swing in increasing numbers to floating their loans.

OCR remains at record low

OCR remains at record low

The Reserve Bank has left the Official Cash Rate unchanged at a record low 2.5%.

Sharemarket falls after OCR decision

The New Zealand sharemarket fell in early trade after the Reserve Bank left the official cash rate unchanged at 2.5 percent, but sounded more upbeat than some economists had been expecting.

Official cash rate left unchanged

Official cash rate left unchanged

The Reserve Bank of New Zealand (RBNZ) has left the official cash rate (OCR) unchanged at 2.5 percent, but its accompanying statement suggested concerns about the risk of inflation growing.

Reserve Bank leaves interest rates unchanged

Reserve Bank leaves interest rates unchanged

The Reserve Bank left the official cash rate (OCR) unchanged at 3 percent today as growth continues to moderate, but rebuilding following $5 billion worth of earthquake damage in Canterbury is expected to help boost the economy.

Interest rates expected to remain at current levels in short term

Time was running out for homeowners with floating mortgages to decide whether or not to move to a fixed-term rate, Craigs Investment Partners broker Chris Timms said yesterday.

Reserve Bank holds cash rate at 3% against weaker outlook

The Reserve Bank left the interest-driving official cash rate at 3% yesterday and indicated the pace of further increases was likely to be moderate, compared to expectations given in June.

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