RBNZ turns 180 degrees from May

The RBNZ surprised us by cutting the OCR 25bps at the August MPS…

19 Aug 2024 Weekly Commentary

Review of RBNZ Monetary Policy Statement, August 2024

The RBNZ cut the OCR to 5.25% at its August meeting by unanimous decision…

14 Aug 2024 Economic data and RBNZ

Westpac RBNZ Client Pulse Survey

Markets see a significant dovish tilt from the RBNZ this week...

12 Aug 2024 Economic data and RBNZ

Nearing the finish line - but not quite there yet

Our latest Economic Overview shows that New Zealand’s marathon journey back towards low and stable inflation is finally nearing its end...

12 Aug 2024 Weekly Commentary

Preview of RBNZ August 2024 Monetary Policy Statement

We expect the RBNZ to leave the OCR at 5.5% but downgrade its forecasts…

07 Aug 2024 Economic data and RBNZ

Economic Overview: Nearing the finish line

For almost two years the economy has been in a "rolling maul” recession…

06 Aug 2024 Economic Overview

Change of OCR call

The OCR is expected to be cut to 5.25% in the RBNZ’s October meeting...

05 Aug 2024 Economic data and RBNZ

Earlier OCR cuts coming

Westpac’s new economic forecasts, which will be released tomorrow with our latest economic overview, include significant downward revisions in the growth and inflation outlook...

05 Aug 2024 Weekly Commentary

NZ labour market preview, Q2 2024

We estimate that the unemployment rate rose from 4.3% to 4.7%...

31 Jul 2024 Economic data and RBNZ

Trade update

Following the excitement created over the previous fortnight by the RBNZ policy review and CPI release, last week was quiet...

29 Jul 2024 Weekly Commentary

RBNZ to deliver some pre-Christmas cheer in November

We have brought our forecast for Official Cash Rate reductions from the Reserve Bank of New Zealand forward by a few months...

22 Jul 2024 Weekly Commentary

Change of OCR call

Today’s CPI showed some welcome reduction in headline inflation…

17 Jul 2024 Economic data and RBNZ