NZIER Shadow Board recommends the Reserve Bank keep the OCR at 5.50 percent in July
July 8, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 8 July 2024 Read more
Shadow Board sees no change in the OCR in May is warranted
May 20, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 20 May 2024 For immediate release Read more
Shadow Board overwhelmingly in favour of keeping the OCR on hold in April
April 8, 2024
The NZIER Monetary Policy Shadow Board recommends the Reserve Bank of New Zealand (RBNZ) keep the Official Cash Rate (OCR) at 5.50 percent in the upcoming Monetary Policy Review on 10 April 2024. Shadow Board members agreed that inflation was easing, but there was uncertainty over whe … Read more
Shadow Board recommends the Reserve Bank should keep the OCR on hold in February
February 26, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 26 February 2024 Read more
Shadow Board recommends no change to the OCR in November
November 27, 2023
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 27 November 2023 Read more
Shadow Board recommends the Reserve Bank hold the OCR at 5.50 percent in October
October 2, 2023
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 2 October 2023 Read more
Shadow Board recommends the OCR should remain at 5.5 percent in August
August 14, 2023
Most Shadow Board members recommend that the Reserve Bank keep the Official Cash Rate (OCR) at 5.50 percent in the upcoming August Monetary Policy Statement. The impacts of previous interest rate increases are still flowing through to the household sector, which should help to reduce … Read more
Shadow Board recommends no change to the OCR in July
July 10, 2023
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 10 July 2023 For immediate release Most Shadow Board members recommend the Reserve Bank should keep the Official Cash Rate (OCR) at 5.50 percent in the upcoming July Monetary Policy Review. While inflation p … Read more
Shadow Board is divided over whether the Reserve Bank should increase the OCR in May
May 22, 2023
New Zealand Institute of Economic Research (Inc) Media release For release 10 am Monday, 22 May 2023 Read more
Shadow Board recommends a smaller OCR increase of 25 basis points by the Reserve Bank in April
April 3, 2023
Shadow Board members recommend a smaller hike in the Official Cash Rate (OCR) in the Reserve Bank’s upcoming April Monetary Policy Review. The majority view was an OCR increase of 25 basis points, given inflation pressures are still high in the economy and inflation expectations remai … Read more