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Tag: alan bollard

Floating mortgage rates unlikely to rise this year and may even fall

The chances of floating mortgage rates rising this year remain remote and they might even fall if the New Zealand dollar remains so strong.
26 Apr 2012 more >>

Bollard spooks market

Reserve Bank governor Alan Bollard spooked financial markets slightly into thinking he may raise interest rates sooner than they had anticipated although, as expected, he's left rates unchanged for now.
27 Oct 2011 more >>

Bollard likely to keep interest rates on hold this week

Continuing turmoil in global financial markets is likely to stay Reserve Bank governor Alan Bollard's hand on Thursday but the big question is how long will it keep him on hold.
12 Sep 2011 more >>

Bollard takes a bob-each-way to OCR review

Reserve Bank governor Alan Bollard took a bob-each-way approach to reviewing interest rates which has left economists and financial markets scratching their heads.
28 Jul 2011 more >>

Bollard keeps interest rates on hold

Home-owners can be confident floating mortgage rates won't be rising for some time following Reserve Bank governor Alan Bollard's expected decision to keep interest rates on hold.
27 Jan 2011 more >>

Bollard's predictions on interest rates welcome

Reserve Bank governor Alan Bollard kept the official cash rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
11 Mar 2010 more >>

Bollard holds OCR at 2.5%

Reserve Bank Governor Alan Bollard held the official cash rate at 2.50% as expected and said while economic activity showing signs of stabilising, the high New Zealand dollar was helping to keep the economy "weak." The Kiwi tumbled after his statement.
30 Jul 2009 more >>

Bollard axes rates - 1 percent

The Reserve Bank has slashed official interest rates an unprecendented 1 percentage point to 6.5 points, opening the way for cuts to mortgage rates but also highlighting the grim outlook facing the global economy
23 Oct 2008 more >>

House prices may fall 13 per cent - Bollard

While mortgage interest rates may be coming down soon, house prices are also heading south, says Reserve Bank Governor Alan Bollard.
05 Jun 2008 more >>

No mortgage relief as Bollard holds rate

Reserve Bank governor Alan Bollard today signalled no relief for mortagage holders in the near future as he held interest rates steady at 8.25 percent
24 Jan 2008 more >>

Rates higher for longer

Given that the Reserve Bank held the Official Cash Rate (OCR) at 8.25% following its final rate review of the year last week, it is not surprising that there have been few movements in home loan rates since then.
14 Dec 2007 more >>

Bollard to Government: watch your step

Nobody could fail to notice the underlying threat to Treasury which was inherent in Alan Bollard's Official Cash Rate (OCR) announcement today
25 Oct 2007 more >>

MPs grill Bollard over interest rate hikes

Reserve Bank Governor Allan Bollard has warned MPs that they will fight the next election campaign amid the highest interest rates in recent times.
06 Aug 2007 more >>

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