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OCR 5.50% - Official Cash Rate remains unchanged
https://www.rbnz.govt.nz/hub/news/2024/04/official-cash-rate-remains-unchanged
WEB10 April 2024. Share this page: The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. The New Zealand economy continues to evolve as anticipated by the Monetary Policy Committee. Current consumer price inflation remains above the Committee’s 1 to 3 percent target range.
DA: 23 PA: 30 MOZ Rank: 91
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The official cash rate - Reserve Bank of New Zealand
https://www.rbnz.govt.nz/monetary-policy/about-monetary-policy/the-official-cash-rate
WEB5.5 % Official Cash Rate. On 10 April 2024, the Monetary Policy Committee agreed to hold the OCR at 5.5%. Next Update: 22 May 2024. Read announcement. Common questions about the OCR. Q and A with our Chief Economist. Our Chief Economist Paul Conway explains how the OCR influences inflation and interest rates.
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Official cash rate - Wikipedia
https://en.wikipedia.org/wiki/Official_Cash_Rate
WEBThe official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy.
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The official cash rate explained - Reserve Bank of New Zealand
https://www.rbnz.govt.nz/education/explainers/the-official-cash-rate-explained
WEBThe official cash rate (OCR) is the interest rate set by the Monetary Policy Committee (MPC). It affects the price of borrowing and saving money in New Zealand and influences the level of economic activity and inflation. Published date: 28 February 2022. Share this page: Monetary policy.
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Reserve Bank of Australia
https://www.rba.gov.au/
WEBApr 11, 2024 · 4.35 % Effective date 20 March 2024 Next update 2.30 pm, 7 May 2024. Cash rate target. Inflation. Consumer Price Index Annual change December quarter 2023. 4.1 % Monthly Indicator February 2024. 3.4 % Inflation. Exchange rates. Trade-weighted Index. 61.2. USD. 0.6426. CNY. 4.6511. JPY. 99.19. EUR. 0.6051.
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FDIC: National Rates and Rate Caps
https://www.fdic.gov/resources/bankers/national-rates/2024-04-15.html
WEB3 days ago · The “national rate cap” is calculated as the higher of: (1) the national rate plus 75 basis points; or (2) 120 percent of the current yield on similar maturity U.S. Department of the Treasury (U.S. Treasury) obligations plus 75 basis points. The national rate cap for non-maturity deposits is the higher of the national rate plus 75 basis ...
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Australia’s official cash rate increases to 3.6% in record 10th
https://www.theguardian.com/australia-news/2023/mar/07/rba-interest-rates-reserve-bank-increases-official-cash-rate-to-36-in-record-10th-consecutive-rise
WEBMar 8, 2023 · Reserve Bank of Australia. This article is more than 1 year old. Australia’s official cash rate increases to 3.6% in record 10th consecutive rise. Interest rates at highest level since...
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New Zealand Interest Rate - TRADING ECONOMICS
https://tradingeconomics.com/new-zealand/interest-rate
WEB2024-02-28. New Zealand Holds Cash Rates Steady. The Reserve Bank of New Zealand kept its official cash rate (OCR) unchanged at 5.5% during its November meeting, extending the rate pause for the fourth straight gathering and matching market consensus. The board remained confident that the current level of OCR is restricting demand.
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RBA interest rates: Reserve Bank raises official cash rate to …
https://www.theguardian.com/australia-news/2022/dec/06/rba-interest-rates-reserve-bank-raises-official-cash-rate-to-xx-the-eighth-increase-in-as-many-months
WEBTue 6 Dec 2022 00.30 EST. Hopes for a “Santa pause” on interest rates have been dashed with the Reserve Bank lifting borrowing costs for a record eighth time in as many months at its last meeting...
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NZOCR Quote - Reserve Bank of New Zealand Official Cash Rate …
https://www.bloomberg.com/quote/NZOCR:IND
WEBApr 10, 2024 · Reserve Bank of New Zealand Official Cash Rate. NZOCR:IND. (NZD) 5.50. 0.00 0.00% As of 12:00 AM EDT 04/10/24. Prev. close. 5.50 NZD. 9:58p 9:58p 9:58p 9:58p 9:58p 9:58p 9:58p 9:58p 5.50...
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