RBNZ set to raise benchmark interest rate despite previously signalled pause
2 sources·Updated October 28, 2026
Covered by 2 sources
- NZ Herald Business·3h ago‘Flabbergasted’: Economists push back on RBNZs surprise OCR call, warn of inflation risk
The RBNZ surprised markets with its decision to hold the OCR at 2.75%
Read at NZ Herald Business → - RNZ Business NZ·14h agoRBNZ set to raise benchmark interest rate despite previously signalled pause
The Reserve Bank is expected to raise the official cash rate by 25 basis points to 3.0 percent, the third consecutive rate rise and the highest OCR level in a year.
Read at RNZ Business NZ →