ODT

BusinessMarch 11

Reserve Bank holds OCR

The New Zealand dollar rallied by more than US1c today after the Reserve Bank opted to keep its official rate at 3.5 per cent.

BusinessAugust 11

OCR rise on hold for now

Interest rates are likely to remain on hold until at least March, when the Reserve Bank may lift its official cash rate after an extended pause in its monetary policy tightening cycle.

BusinessApril 23

Reserve Bank hikes OCR

Reserve Bank governor Graeme Wheeler has lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that's picking up pace and he's watching the impact of a strong kiwi dollar on import prices.

BusinessMarch 9

OCR rise will start interest rate increases

The Government will go into election year facing four or five interest rate rises, along with rising inflation.

BusinessSeptember 11

OCR left unchanged

The New Zealand dollar rallied by about half a US cent after the Reserve Bank issued a more hawkish than expected monetary policy statement.

BusinessAugust 6

Currencies set to move on OCR

The transtasman currencies are expected to react later this week to the 0.25% cut in Australia's official cash rate yesterday to 2.50%, the same as the New Zealand OCR.

BusinessJune 12

Official Cash Rate left unchanged

Reserve Bank governor Graeme Wheeler has kept the official cash rate at 2.5 per cent and expects to stay put for the rest of the year as he balances the competing tensions of an "overvalued" currency and an overheating property market.

BusinessJune 11

OCR rise could be on the cards as house prices soar

Rising Auckland house prices could be flagging a rise in the interest-driving official cash rate (OCR), which the Reserve Bank has keep at a record low 2.5% for the past 26 months.

BusinessMarch 13

OCR left unchanged

Reserve Bank Governor Graeme Wheeler has announced there will be no change to the Official Cash Rate, which sits at a record low 2.5pc.

NationalJanuary 30

Reserve Bank leaves OCR unchanged

The Reserve Bank has left its official cash rate unchanged at 2.5 per cent, which was in line with market expectations, but said it was watching house price inflation closely.

BusinessOctober 25

OCR left unchanged

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.5 percent in his debut review this morning, and is keeping close tabs on the level of inflation after it dropped below the bank's target band in the September quarter.

BusinessOctober 23

'Only just' comfortable with OCR rate of 2.5%

New Reserve Bank governor Graeme Wheeler would face a tough call on his first outing on the official cash rate tomorrow, NZIER head of public-good research Kirdan Lees said yesterday.

BusinessOctober 22

Speculation over new Reserve Bank governor

New Reserve Bank governor Graeme Wheeler will issue his first official cash rate statement on Thursday with the big unknown being how his attitude differs from that of his predecessor, Alan Bollard.

BusinessOctober 16

13-year inflation low prompts OCR calls

Annual inflation, measured by the consumer price index (CPI), has hit a surprise 13-year low of 0.8% and raised questions about the Reserve Bank cutting the already record-low official cash rate.

BusinessSeptember 13

OCR held; focus now offshore

The Reserve Bank held the official cash rate at 2.5% as expected but the main focus for markets will be what action the United States Federal Reserve took early this morning (about 3am) to help stimulate the US economy.

BusinessSeptember 12

Reserve Bank leaves OCR unchanged

The Reserve Bank says it has left its official cash rate unchanged at 2.50 percent.

BusinessSeptember 10

Bollard unlikely to alter OCR in final review

Outgoing Reserve Bank Governor Allan Bollard is expected to keep the official cash rate (OCR) at its present record low of 2.5%, when delivering his final review on Thursday.

BusinessJuly 25

Official cash rate left unchanged

The Reserve Bank of NZ has left its official cash rate unchanged at 2.50 percent.

BusinessJuly 23

Year of low OCR expected

Low interest rates are expected to continue until at least July next year as inflation stays benign, Westpac chief economist Dominick Stephens says.

NationalJune 13

Reserve Bank leaves OCR unchanged

The Reserve Bank has left the Official Cash Rate on hold at a record low of 2.5 percent.

BusinessApril 26

Intervention a 'dangerous approach'

Reserve Bank governor Alan Bollard seemed to be calling the bluff of the currency markets with his hints the central bank would reassess the outlook for monetary policy settings should the exchange rate stay high.

BusinessApril 26

OCR consistency putting pressure on bank margins

Bank margins appear to be coming under pressure as Reserve Bank governor Alan Bollard yesterday announced he was keeping the official cash rate (OCR) at 2.5%.

BusinessApril 26

'La la land' seen as place to go

Frustration at the lack of action from both the Reserve Bank and the Government in dealing with the country's monetary policy boiled over yesterday as the official cash rate stayed at 2.5%.

BusinessApril 26

OCR left at record low 2.5%

Reserve Bank Governor Alan Bollard has held the official cash rate at 2.5 percent citing the "restrained" outlook for inflation, while warning that the kiwi dollar's strength may prompt a review of monetary policy if it persists without cause.

BusinessApril 22

OCR on hold but dollar a concern

The Reserve Bank is expected to leave its official interest rates at the current low of 2.5% when it meets on Thursday but the strength of the New Zealand dollar will be of some concern to governor Alan Bollard.