SYDNEY--New Zealand's central bank declared this week that the economy stalled in second quarter, laying a large part of the blame for the growth crunch on the uncertainty that followed announcement ...

The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later ...

Paul Conway, chief economist at the RBNZ told the Wall Street Journal in an interview that the economic outlook remains ...

The U.S. dollar remained stable amidst concerns about President Trump's repeated criticism of the Federal Reserve, specifically targeting Governor Lisa Cook. Investors are closely watching Fed Chair ...

Reserve Bank of New Zealand governor Christian Hawkesby discusses the considerations behind this week's interest rate cut and the importance of central banks sticking to their mandates.

Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and ...

The Reserve Bank cut its benchmark cash rate by 25 basis points to a three-year low of 3 percent, as expected, in a split decision and left the door open for further moves lower. The central bank said ...

Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors exiting profitable positions, and risk aversion.

US President Donald Trump has ramped up pressure on the US central bank, calling for Federal Reserve Governor Lisa Cook to step down – after his recent criticism of Fed Chair Jerome Powell for not ...

New Zealand's central bank has cut its policy rate by 25 basis points (bps) to a three-year low of 3%, and flags further reductions in the coming months as policymakers warn of domestic and global ...

New Zealand's central bank said on Thursday the effects of interest rate cuts on the local economy had been slower than ...

Central bank’s acting spokesperson Mohammad Shahriar Siddiqui confirmed the development to The Business Standard today (19 August).