
Up like a rocket, down like a feather? How banks set interest rates
New FMA data shows the picture is more complex than cynics might think.
Stories and analysis from The Northern Express Herald.
NZ Herald business editor at large Liam Dann is with The Front Page to talk through the OCR call, the growing uncertainty around it, and what comes next for borrowers.
Markets think the odds are on a Reserve Bank rate hike, but economists are divided.
Auckland led regional gains, jumping 10 points as Wellington lagged behind.
IMF broadly happy with Govt's economic management, but says NZ needs a CGT or land tax.
Westpac said it was passing savings on to customers after its funding costs dropped.
Economists expect quarterly growth between 0.7 and 1% for early 2026.
OPINION: House values have plunged 35.5% in Auckland and 40% in Wellington.
Will this spark a new round of mortgage rate hikes?
Paul Conway would've considered an OCR hike last week if market conditions were different.
The OCR will remain on hold - for now.
OPINION: Inflation has exceeded the top of the bank's target band since September.
The statement will give the first full forecasts since the Iran war oil shock.
Reserve Bank's Household Expectations Survey shows deteriorating outlook.
BNZ's Stephen Toplis warns job growth has stalled for 29 straight months.
Agency supports Government's fuel crisis response, but flags need to consolidate finances.
Liam Dann and Tamsyn Parker unpack how the Iran war is lifting living costs.
New data from Stats NZ showed overall employment holding steady.
Economists expect unemployment to hold near 5.4% to 5.5% in the first quarter.
Governor Anna Breman wants the Reserve Bank to be more transparent.
MMP has created a political inertia that is holding New Zealand's economy back
OPINION: Inflation is already higher than expected and will climb further with the war.
ANALYSIS: Labour productivity rose 0.8% as firms cut workers faster than output fell.
The biggest driver of quarterly inflation was fuel prices.
The forecaster also predicts inflation will peak at 4.8% this quarter on fuel costs.
Economists are at odds as to how soon the Reserve Bank should lift the OCR.
The worst-case scenario would push the world close to a global recession.
Kiwibank economists say hiking the OCR too soon could risk another recession.
Nearly 31% of the $7 billion of new mortgages issued in February were fixed for two years.
ANZ now tips three OCR hikes this year, starting with one in July.