The Reserve Bank of New Zealand raised its main interest rate today by 0,5 percentage points to the level of 3% that last applied seven years ago. It was the fourth increase by 50 basis points in the current cycle. 

The Reserve Bank of New Zealand raised interest rates for the fifth time in a row. The hike by 50 basis points announced today from 1,5%. to 2 percent, was in line with the market consensus, but it could have a positive impact on [...]

The Reserve Bank of New Zealand (RBNZ) unexpectedly raised interest rates by as much as 50 basis points overnight. Initially, it caused a strengthening of the New Zealand currency, but finally it depreciated. The situation on the chart [...]

It is going to be an extremely expensive heating season. The rally in energy commodity prices seems to be in full swing, and gas prices in both Europe and the United States may be a particular determinant of this rally. They can still [...]