‘Soft’ data on sentiment is positive and this should flow through to hard data, the ratings agency says.
Stats NZ data reveals a net migration gain of 52,000 people in the year ended February – but will this add fuel to the inflation fire?
RBNZ taking ‘startlingly different’ path to Australian counterpart.
Governor Adrian Orr delivers greater than expected rise, with fears of an 'overcooked' economic slowdown.
Governor Philip Lowe holds cash rate target steady at 3.6% this month, but keeps further hikes on the table.
Quarterly survey of business opinion rises from historic low, but inflation and cost pressures remain.
Recent weather events highlight pressing need for financial sector guidance, says the central bank, which has been criticised for its climate change focus.
The Westpac McDermott Miller Employment Confidence Index indicated employment opportunities remained positive for now, with signs the labour market may have passed its peak.
Recession vibes linger as economic conditions head south, but latest Stats NZ data shows this is not yet weighing on employment.
Kiwi performance in the spotlight as markets assess banking sector and further interest rate moves in the United States.