Tag: consumer_confidence

Monetary Policy Committee Holds OCR at 2.25%, Signals Future Increases Amid Inflation Concerns

27 May 2026 2:10 p.m. · Source: Reserve Bank of New Zealand

New Zealand's Monetary Policy Committee held the OCR at 2.25 percent, but anticipates future increases due to rising inflation, global uncertainty, and weakening domestic confidence, aiming to return inflation to its 2 percent target by mid-2027.

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