* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    Why Taylor Swift Name-Dropped Elizabeth Taylor in Her New Album – Yahoo

    Here’s Why Taylor Swift Dropped Elizabeth Taylor’s Name in Her New Album

    Al Roker Gives Olivia Dean an Unexpected ‘New Job’ on the ‘Today’ Show – Yahoo

    Al Roker Shocks Olivia Dean with an Exciting New Role on the ‘Today’ Show

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    What the Recent Price Surge Means for Figure Technology Solutions After SEC Settlement – Yahoo Finance

    What the Recent Price Surge Reveals About Figure Technology Solutions Following SEC Settlement

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    Why Taylor Swift Name-Dropped Elizabeth Taylor in Her New Album – Yahoo

    Here’s Why Taylor Swift Dropped Elizabeth Taylor’s Name in Her New Album

    Al Roker Gives Olivia Dean an Unexpected ‘New Job’ on the ‘Today’ Show – Yahoo

    Al Roker Shocks Olivia Dean with an Exciting New Role on the ‘Today’ Show

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    What the Recent Price Surge Means for Figure Technology Solutions After SEC Settlement – Yahoo Finance

    What the Recent Price Surge Reveals About Figure Technology Solutions Following SEC Settlement

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

RBNZ expected to hold rates, focus on economic outlook

May 19, 2024
in General
RBNZ expected to hold rates, focus on economic outlook
Share on FacebookShare on Twitter

The Reserve Bank of New Zealand (RBNZ) is anticipated to keep the official cash rate (OCR) steady at 5.50% during its 22 May meeting, ING analysts said today.

Market participants will be paying close attention to the Bank’s new economic projections and any changes in its forward-looking statements. Unlike its peers, the RBNZ operates with less frequent policy announcements and relies on quarterly inflation and job data, which can lead to swift shifts in its policy stance.

Inflation in New Zealand has been persistently high, with non-tradeable inflation, a particular area of concern, registering at 5.8% in the first quarter, exceeding the RBNZ’s forecast of 5.3%. The overall inflation rate was 4.0%, marginally above the Bank’s prediction of 3.8%.

Although a softening labor market suggests a potential decrease in headline inflation to around 3.6% year-on-year for the second quarter, the RBNZ is expected to closely monitor non-tradeable inflation, where risks might still be tilted upwards.

Economic indicators show a contrasting picture, with growth and employment weakening. The unemployment rate rose to 4.3% in the first quarter, wage growth decelerated, and the country faced a recession with GDP shrinking by 0.1% quarter-on-quarter.

Despite these signs of a cooling economy, the RBNZ’s sole focus on inflation since its mandate change in December means these factors may not directly influence its immediate policy decisions.

The RBNZ is likely to maintain a hawkish stance in May, keeping its rate projection profile largely intact. This would indicate no rate reductions and a small possibility of another rate increase in 2024, followed by approximately 75 basis points of easing in 2025.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure

here

or
remove ads
.

The Bank is expected to reiterate the need for interest rates to stay at a restrictive level for an extended period to bring annual consumer price inflation back within the 1 to 3 percent target range.

While the RBNZ is optimistic about inflation returning to the target range by year-end, the likelihood of rate cuts before the fourth quarter is considered low, given the delay in data and the persistent risks of non-tradeable inflation.

Nevertheless, if the Federal Reserve eases by 75 basis points as predicted, the RBNZ might consider one or two rate cuts in the fourth quarter of 2024.

The New Zealand dollar (NZD), having surged by 3.7% since the beginning of May, has been the top-performing currency, buoyed by lower US yields, improved risk sentiment, and a domestic monetary policy that continues to offer attractive carry.

While the RBNZ’s May decision may not significantly impact the market, a reaffirmation of its hawkish position could lead to a recalibration of domestic rate expectations and further strengthen the NZD’s position.

However, the NZD’s trajectory will likely remain closely tied to Federal Reserve policy and upcoming New Zealand economic data, with critical reports due on 16 July (CPI) and 6 August (jobs report), and another RBNZ meeting scheduled for 10 July.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/rbnz-expected-to-hold-rates-focus-on-economic-outlook-93CH-3446221

Previous Post

Wall St set to open slightly higher, extend weekly gains

Next Post

Nippon Steel executive to visit U.S. to meet stakeholders of U.S. Steel deal

Create Your Own Private Garden and Escape the World – Signals AZ

Design Your Own Private Garden Sanctuary and Escape the Everyday

October 8, 2025
Rethinking New York City’s Economy: “The Menace Of Prosperity” – Forbes

Rethinking New York City’s Economy: Confronting the Hidden Challenges of Prosperity

October 8, 2025
Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

October 8, 2025
Eagles Host Towson Wednesday for Mental Health Awareness Game – aueagles.com

Eagles Face Towson Wednesday in Impactful Mental Health Awareness Showdown

October 7, 2025
Trump questions back pay for federal workers furloughed as part of government shutdown – CNN

Trump Challenges Back Pay for Federal Workers Impacted by Government Shutdown

October 7, 2025
Learned use of an innate sound-meaning association in birds – Nature

How Birds Unlock Natural Sound-Meaning Links Through Learning

October 7, 2025
This Ancient Statue Was Discarded by Raiders. Scientists Think It’s a Rare Treasure. – Popular Mechanics

Forgotten by Raiders, This Ancient Statue Could Be a Priceless Treasure

October 7, 2025
Scientists used AI to map uncharted areas of the mouse brain – Live Science

Scientists Harness AI to Uncover Hidden Regions of the Mouse Brain

October 7, 2025
Pets of the Day: Sweep the clouds away with Zoe, Telly and Elmo – Yahoo

Meet Zoe, Telly, and Elmo: Your Daily Dose of Sunshine and Smiles

October 7, 2025
Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

Could Light-Speed Analog Computing Transform the Future of Technology?

October 7, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (856)
  • Economy (877)
  • Entertainment (21,750)
  • General (17,468)
  • Health (9,919)
  • Lifestyle (889)
  • News (22,149)
  • People (878)
  • Politics (888)
  • Science (16,087)
  • Sports (21,377)
  • Technology (15,857)
  • World (860)

Recent News

Create Your Own Private Garden and Escape the World – Signals AZ

Design Your Own Private Garden Sanctuary and Escape the Everyday

October 8, 2025
Rethinking New York City’s Economy: “The Menace Of Prosperity” – Forbes

Rethinking New York City’s Economy: Confronting the Hidden Challenges of Prosperity

October 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version