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Bloomberg
New Zealand Economy Rebounds, Expanding 14% in 3Q
Dec.16 -- New Zealand’s economy bounced back strongly from recession in the third quarter as massive fiscal and monetary stimulus sparked a recovery in consumer spending. Gross domestic product surged 14% from the second quarter, when it...
Bloomberg
National Australia Bank Profit Surges as Economy Recovers
May.05 -- National Australia Bank Ltd.’s half-year profit doubled. The lender unwound bad debt provisions amid a strengthening recovery in the country’s economy from last year’s pandemic shock. Paul Allen reports on "Bloomberg Daybreak:...
Bloomberg
RBNZ Governor Orr: Inflation Pressures Are Normalizing
May.27 -- Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state of the economy. The central bank this week projected that its official cash rate may start to rise in the second half of next year. Orr...
Bloomberg
New Zealand Locks Down Second City as Virus Spreads
Oct.03 -- New Zealand placed its fourth-largest city Hamilton into a snap lockdown after two cases of Covid-19 were reported. Meanwhile, the country's central bank is scheduled to announce its policy on Wednesday. Ainsley Thomson reports...
Bloomberg
RBNZ Keeps Rates Steady as Delta Variant Spreads
The Reserve Bank of New Zealand refrained from raising interest rates during a coronavirus outbreak and nationwide lockdown. Still, the central bank signaled it intends to start tightening monetary policy soon. Bloomberg Economics'...
Bloomberg
RBNZ Governor Orr: October Meeting ‘Live’ Even if Outbreak Persists
Aug.19 -- Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the outlook for the economy. Earlier this week the central bank refrained from raising interest rates during a coronavirus outbreak and nationwide...
Bloomberg
New Zealand Signaled Multiple Hikes in Year Ahead: RBC's Ong
Su-Lin Ong, managing director and chief economist at RBC Capital Markets, discusses the rate hike by the Reserve Bank of New Zealand and what it means for the economy. She speaks on "Bloomberg Markets: China Open."
Bloomberg
Yield Curve May Invert Further, AllianceBernstein Says
Brad Gibson, co-head of Asia Pacific Income at AllianceBernstein, discusses inflation in the U.S., its implications for the Federal Reserve, Treasury yields and the dollar. He also talks about monetary policies in Asia, Europe, the...
Bloomberg
New Zealand Central Bank Hikes Key Rate to 2.50% in Inflation Fight
The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2.5% and said the central bank will continue to tighten policy "at pace" until it's sure inflation is contained. Kathleen Hays and Yvonne Man report on...
Bloomberg
N.Z.’s Best Virus Response Is Strong Public Health: Finance Minister
Apr.23 -- New Zealand Finance Minister Grant Robertson discusses the response New Zealand has taken to combat coronavirus, partial reopening of the New Zealand economy and his recovery outlook. He speaks exclusively on “Bloomberg...
Bloomberg
National Australia Bank CEO Sees Business-Led Recovery
May.06 -- National Australia Bank Ltd. Chief Executive Officer Ross McEwan discusses the company's financial results, business and economic outlook. The country’s third-largest bank says half-year profit doubled as it unwound bad debt...
Bloomberg
RBNZ's Orr: Confident We Can Get on Top of Inflation
Reserve Bank of New Zealand Governor Adrian Orr discusses the bank's monetary policy, the economy and his outlook for inflation. New Zealand's reserve bank was one of the first developed nation's central bank to raise interest rates. Orr...
Bloomberg
New Zealand Raises Official Cash Rate to 3%
The Reserve Bank of New Zealand raises their key interest rate by 50-basis points. Kathleen Hays reports on Bloomberg Television.
Bloomberg
RBNZ Leaves Key Rates on Hold
Feb.12 -- The Reserve Bank of New Zealand has kept interest rates on hold and says the next move may be up or down. Bloomberg’s Enda Curran reports on “Bloomberg Markets: Asia.”
Bloomberg
New Zealand’s Economic Growth Rate Held at 5-Year Low in 1Q
Jun.19 -- A positive surprise for New Zealand. The dollar jumped after the economic growth rate held at a five-year low in the first quarter. Bloomberg’s Tracy Withers reports on “Bloomberg Daybreak: Asia.”
Bloomberg
RBNZ Determined to Head Off Low Inflation, Deflation: Orr
Sep.01 -- Reserve Bank of New Zealand Governor Adrian Orr says the central bank is determined to head off unnecessarily low inflation or even deflation, signaling an intent to continue to loosen monetary policy if required. He speaks in...
Bloomberg
How Would New Zealand's Election Affect Businesses?
Oct.15 -- Kirk Hope, chief executive officer of BusinessNZ, the country's leading business advocacy group that represents thousands of businesses of all sizes, discusses what the upcoming election would mean for the economy and...
Bloomberg
New Zealand to Begin Easing Border Restrictions From January
New Zealand will begin to ease border restrictions from January. Fully vaccinated citizens and other eligible travelers will be able to enter from the start of 2022. Tourists will be able to return from the end of April. Bloomberg's Emma...
Bloomberg
Blanchflower: US May Already Actually Be in Recession
David Blanchflower, a former member of the Bank of England's Monetary Policy Committee and now a professor of economics at Dartmouth College, discusses the state of the world's biggest economies including the US. He speaks with Haidi...
Bloomberg
RBNZ Governor Orr: Inflation and Wage Expectations Need to Decline
Reserve Bank of New Zealand Governor Adrian Orr explains why the central bank hiked interest rates by a record 75 basis points, and discusses the outlook for the economy. He speaks at a press conference in Wellington. (Excerpt)...
Bloomberg
New Zealand Raises Key Interest Rate to 4.75%
New Zealand's central bank raised interest rates by half a percentage point, slowing its pace of tightening, but signaled further hikes will be needed to tame inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
RBNZ Governor Orr Says Inflation Pressures Easing in Global Economy
Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy, the state of the economy and the aftermath of Cyclone Gabrielle, and inflation around the globe. The central bank on Wednesday raised its key interest rate...
Bloomberg
Hipkins Confirmed as New Zealand's Next Prime Minister
There is a new prime minister in New Zealand. His name is Chris Hipkins and he signaled a policy overhaul and is vowing to prioritize the economy. Ben Westcott reports on Bloomberg Television.
Bloomberg
Bank of Japan to Continue to Stand on Its Own: Moody's Analytics
Katrina Ell, senior economist at Moody's Analytics Inc., discusses inflation and central banks' policies in Australia, New Zealand and Japan. She also talks about the outlook for China's economy and its reopening. She speaks with Paul...