Reserve Bank of New Zealand (RBNZ) news

The Reserve Bank of New Zealand (RBNZ) is New Zealand's central bank. Its primary function is to maintain monetary and financial stability. The RBNZ uses various monetary policy tools to influence economic activity and support sustainable economic growth in New Zealand.

New Zealand inflation higher than expected, New Zealand dollar hits five-month high but reverses

New Zealand's CP rose to 2.2% y/y in Q1 of 2025, up from 2.3% and higher than expected. Despite the increase, the Reserve Bank is expected to lower rates at the May meeting, as concerns remain over US tariff policy which could dampen New Zealand's economy.

18-04-2025 12:30 GMT by Kenneth Fisher

Markets tumble as China retaliates against Trump tariffs

Global stock markets plunged after US President Donald Trump raise tariffs on China to an astounding 104%. China quickly retaliated and lifted tariffs on the US to 84%. New Zealand's central bank lowered rates by a quarter-point to 3.5% and noted concern over the negative impact the tariffs could have on New Zealand's economy.

10-04-2025 06:45 GMT by Kenneth Fisher