New Zealand Apr 23 RBNZ Interest Rate Decision steadies at 2.5%

Apr 23, 2013

Apple quarterly earnings beat estimates

Apple earning reelts are out, with the tech giant beating the revenue forecast at $43.6b vs. $42.49b. Apple sold 37.4m iPhones and 19.5m iPads. Geographically, Apple said international sales accounted for 66% of Q2 revenue.

RBNZ expects to keep rates unchanged throughout 2013

The RBNZ policy decision is out, with the interest rate kept unchanged at 2.5%, in line with unanimous economist's forecast of a 2.50% no change. On the official statement, the Reserve Bank Governor Graeme Wheeler said: “The outlook for monetary policy remains consistent with that described in the March Monetary Policy Statement."