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Reserve Bank of New Zealand (RBNZ) initiates public consultation on proposed digital currency
17 Apr 2024 14:06 GMT
The Reserve Bank of New Zealand (RBNZ) is currently conducting an experimental stage to consider including an acceptable digital version of its national currency that will be subject to issue and series.
Apart from a four-stage strategy, the central bank …
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Finding neutral: estimates of New Zealand’s nominal neutral interest rate – Reserve Bank of New Zealand – Te Pūtea Matua
14 Apr 2024 23:48 GMT
Due to New Zealanders’ high inflation expectations, the Official Cash Rate (OCR) would currently need to be about 3.9% to neither tap the brakes nor push on the accelerator of the economy, the Reserve Bank’s new Bulletin article shows.
The current OCR at 5 …
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Isabel Schnabel: The future of inflation (forecast) targeting
17 Apr 2024 17:50 GMT
… the central banking community.
The Reserve Bank of New Zealand, Norges Bank and Sveriges Riksbank … -term inflation outlook expected by investors and central banks.
But they … do suggest that investors expect policymakers, at least for …
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New Zealand’s central bank starts consultations on Bluetooth-friendly CBDC
17 Apr 2024 11:49 GMT
New Zealand’s central bank has started exploration into launching a central bank digital currency, with ongoing investigation projected until approximately 2030.
The Reserve Bank of New Zealand is now exploring the introduction of a central bank digital …
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Powell’s US Rates Warning Means Headaches for Rest of the World
17 Apr 2024 15:48 GMT
… recently as a month ago, investors fully priced in three quarter … again,’” Hargreaves Lansdown Head of Investment Analysis & Research Emma Wall … tail end of the year.
Reserve Bank of New Zealand Governor Adrian Orr was widely …
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NZ dollar rebounds on sticky inflation report
17 Apr 2024 15:34 GMT
… New Zealand dollar as the Reserve Bank of New Zealand may cut rates later than … purposes only. It is not investment advice or a solution to …
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Annual inflation falls to 4% in March, but with domestic inflation above RBNZ expectations
17 Apr 2024 02:13 GMT
New Zealand's annual inflation rate dropped to 4% in March, from 4.7% in December, albeit rents, house construction costs and council rates continued rising.
The Consumers Price Index (CPI) increased just 0.6% in the March quarter, up from 0.5% in the …
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Early central bank digital currencies struggling to achieve adoption
17 Apr 2024 02:13 GMT
The Reserve Bank of New Zealand (RBNZ) has released a multi-year consultation round on a retail central bank digital currency (CBDC) for the country, without committing to issue such digital cash until sometime around 2030, perhaps.
A NZ CBDC would be …
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New Zealand Launches Consultation On Its CBDC ‘Digital Cash’
17 Apr 2024 11:13 GMT
… country’s monetary landscape, the Reserve Bank of New Zealand has announced the commencement of … .
In other words, the Reserve Bank of New Zealand is embarking on a transformative … Do your market research before investing in cryptocurrencies. The author or …
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NZ dollar slips ahead of New Zealand inflation
16 Apr 2024 17:35 GMT
… in the fourth quarter.
The Reserve Bank of New Zealand kept the cash rate unchanged … growth was driven by public investment rather than private demand. China … purposes only. It is not investment advice or a solution to …