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OFFICIAL CASH RATE
is 2.50 percent
INFLATION
CPI for the year to December 2011 is 1.8 percent.
Reserve Bank of New Zealand: New Zealand's central bank
The bank manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system and supplies New Zealand banknotes and coins.
Quickfacts
OFFICIAL CASH RATEis 2.50 percent
INFLATIONCPI for the year to December 2011 is 1.8 percent.
Release dates
News
27 January 2012
NZ has capacity to weather shocks
The European sovereign debt crisis and Canterbury earthquakes were two bad jolts to the New Zealand economy in 2011, but the economy and financial system have the capacity to weather such shocks, Reserve Bank Governor Alan Bollard said today.
26 January 2012
OCR unchanged at 2.5 percent
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
21 December 2011
Reserve Bank accommodation for retail payments initiative
In early 2012, Payments New Zealand will be implementing a new method of settling inter-bank retail transactions. The Reserve Bank has today announced a short-term measure to assist with the introduction of the new system.
Highlights
- The next OCR/MPS announcement is Thursday, 8 March 2012.
- View the Reserve Bank Museum website.
- Updated 13 January 2012: Cautions and notices issued by the Reserve Bank on some financial institutions and non-bank deposit takers.
The Bank’s new regulatory responsibilities
- Regulation of non-bank deposit takers
- Prudential supervision of insurance
- Anti-Money Laundering and Countering Financing of Terrorism
