New Zealand Hikes Interest Rate For Second Straight Time

New Zealand Hikes Interest Rate For Second Straight Time

The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.

Reserve Bank hikes official cash rate to 2.75%

Reserve Bank hikes official cash rate to 2.75%

Reserve Bank hikes OCR to 2.75%

The Reserve Bank has increased the Official Cash Rate (OCR) by 25 basis points to 2.75%.

Review of RBNZ September 2026 Monetary Policy Statement: An Appropriately Balanced Statement - ActionForex

As expected by Westpac and the market, the RBNZ lifted the OCR by 25bps to 2.75%. The decision was reached by consensus. The RBNZ’s revised OCR forecasts are little changed from May and in the near term signal a likely pause in October and a 25bp hike to 3% in December. The RBNZ lifted its […] The post Review of RBNZ September 2026 Monetary Policy Statement: An Appropriately Balanced Statement appeared first on ActionForex.

NZD/USD signal: forecast as RBNZ hikes rates as New Zealand bond yields jump

The NZD/USD exchange rate continued its strong downward trend, reaching its lowest level since August 13 this year after the Reserve Bank of New Zealand (RBNZ) delivered its interest rate decision. It slumped to 0.5835, down by over 2.6% from its highest point in August. RBNZ interest rate hike New Zealand’s RBNZ decided to hike interest rates for the second consecutive meeting as it fights to lower inflation, which has remained above the 2% lev…

New Zealand flags gradual policy tightening after hiking rates; kiwi falls

WELLINGTON/SYDNEY (Sept 2): New Zealand's central bank lifted interest rates for a second straight meeting on Wednesday and signalled more tightening ahead, but stressed any further moves would be measured as it warned of mounting risks to the economic outlook.