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OCR Press Releases

OCR static at 2.5 percent

Economic activity is considered to have improved following the previous OCR statement from Alan Bollard, Reserve Bank Governor as the OCR is maintained at 2.5 percent.

Submitted by pr.co.nz

June 9th, 2011 at 10:18 am

OCR remains at 2.5 percent

The OCR remains unchanged at 2.5 percent with the RBNZ Governor describing the outlook as “uncertain” following the Christchurch earthquake.

Submitted by pr.co.nz

April 28th, 2011 at 10:09 am

OCR is reduced 50 basis points to 2.5 percent

The New Zealand Reserve Bank announce that the OCR (Official Cash Rate) is today being reduced by 50 points to 2.5 percent.

Submitted by pr.co.nz

March 10th, 2011 at 9:12 am

Regions & Categories: Finance,New Zealand

Topics: , ,

OCR remains unchanged at 3.0 percent

Alan Bollard, Reserve Bank Governor says interest rates are projected to rise to a more limited extend for the next two years in comparison to that signalled in the September release.

Submitted by pr.co.nz

December 9th, 2010 at 9:10 am

Regions & Categories: Finance,New Zealand

Topics: , ,

OCR unchanged at 3.0 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. Reserve Bank Governor Alan Bollard said: “While the global and domestic economies continue to recover, the outlook has weakened since our June Statement. We consider it appropriate at this point to keep the OCR on hold.

Submitted by pr.co.nz

September 16th, 2010 at 1:29 pm

Regions & Categories: Finance,New Zealand

Topics: ,

2011 OCR Dates

The Reserve Bank of New Zealand (RBNZ) releases the 2011 Official Case Rate (OCR), Monetary Policy Statement (MPS) and Financial Stability Reporting (FSR) dates. Provisional 2012 dates for the first six monts are also included for the first time to help with financial market planning.

Submitted by pr.co.nz

August 18th, 2010 at 11:00 am

Regions & Categories: Finance,New Zealand

Topics: , , ,

Reserve Bank raises OCR to 3.0 percent

Alan Bollard, Reserve Bank Governor of New Zealand announces an increase of the New Zealand OCR by 25 basis points to 3.0 percent.

Submitted by pr.co.nz

July 29th, 2010 at 10:43 am

Reserve Bank raises OCR to 2.75 percent

Reserve Bank Governor Allan Bollard raises the OCR to 2.75 percent saying that the economy has entered its second year of recovery with growth becoming more broad-based.

Submitted by pr.co.nz

June 10th, 2010 at 10:07 am

Regions & Categories: Finance,New Zealand

Topics: ,