Official Cash Rate remains at 1.0 percent

Tēnā koutou katoa, welcome all. The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation…

reserve bank of new zealand, TLF, Workplaces, Commercial Bank of China, financial system, money

Official Cash Rate unchanged at 1 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our…

reserve bank of new zealand, TLF, Workplaces, Commercial Bank of China, financial system, money

Official Cash Rate unchanged at 1 percent

The Official Cash Rate (OCR) remains at 1.0 percent. The Monetary Policy Committee agreed that new information since the August Monetary Policy Statement did not warrant a significant change to the monetary policy outlook. Employment is around…

reserve bank of new zealand, TLF, Workplaces, Commercial Bank of China, financial system, money

Official Cash Rate reduced to 1 percent

Tēnā koutou katoa, welcome all. The Official Cash Rate (OCR) is reduced to 1.0 percent. The Monetary Policy Committee agreed that a lower OCR is necessary to continue to meet its employment and inflation objectives.…

reserve bank of new zealand, TLF, Workplaces, Commercial Bank of China, financial system, money

Official Cash Rate reduced to 1.5 percent

Tena koutou katoa, welcome all. The Official Cash Rate (OCR) has been reduced to 1.5 percent. The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent…