-
NZ: 3.25% - OCR unchanged
The Monetary Policy Committee today agreed to hold the Official Cash Rate at 3.25 percent. Annual consumers price inflation will likely increase towards the top of the Monetary Policy Committee’s 1 to 3 percent target band over mid-2025. However, with spare productive capacity in the economy and declining domestic inflation pressures, headline inflation is expected to remain in the band and return to around 2 percent by early 2026. Elevated export prices and lower interest rates are supporting a recovery in the New Zealand economy. However, heightened global policy uncertainty and tariffs are expected to reduce ... (full story)
-
RBNZ:
— PiQ (@PiQSuite) July 9, 2025
ANNUAL CONSUMERS PRICE INFLATION WILL LIKELY INCREASE TOWARDS THE TOP OF THEMONETARY POLICY COMMITTEE'S 1 TO 3 PERCENT TARGET BAND OVER MID-2025.
THE ECONOMIC OUTLOOK REMAINS HIGHLY UNCERTAIN
HOWEVER,WITH SPARE PRODUCTIVE CAPACITY IN THE ECONOMY AND DECLINING DOMESTIC…
-
RBNZ MINUTES:
— PiQ (@PiQSuite) July 9, 2025
COMMITTEE EXPECTS TO LOWER THE OFFICIAL CASH RATE FURTHER, BROADLY CONSISTENT WITH THE PROJECTION OUTLINED IN MAY
CASE FOR KEEPING THE OCR ON HOLD AT THIS MEETING HIGHLIGHTED THE ELEVATED LEVEL OF UNCERTAINTY, AND THE BENEFITS OF WAITING UNTIL AUGUST IN LIGHT OF…
- Comments / Top
- Subscribe
-
- Older Stories
From think.ing.com|Jul 8, 2025US copper futures hit a record high yesterday -- surging as much 17% -- after President Donald Trump announced he plans a 50% tariff on copper imports. The magnitude of ...
From finance.yahoo.com|Jul 8, 2025video Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the ...
From cnbc.com|Jul 8, 2025Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded, according to a New York Federal Reserve survey ...
-
- Newer Stories
From cnbc.com|Jul 8, 2025China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline in nearly two years, as a deepening price war rippled through the economy that’s ...
From puprime.com|Jul 8, 2025As a precious metal, gold has always had a special role in the global economy. It’s been used for centuries to hold value, move wealth, and act as a safety net when other assets ...
From finance.yahoo.com|Jul 8, 2025|1 commentThe Trump administration's long road to trade deals with key partners raises the possibility that tariffs' ultimate impact on inflation will be pushed out — and that creates more ...
- Story Stats
- Jul 8, 2025 9:03pm Posted by
Low Impact
Breaking
86,966 - Linked events:
