RBNZ Maintains OCR at 2.25%

By Sophia Rodrigues

Published On 08 Apr 2026 , 12:10 PM

The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.25% but signalled it is prepared to lift the rate if its inflation goal is at risk.

"Decisive and timely increases in the OCR would be required," the RBNZ said, if conditions for core inflation and wage growth, and inflation expectations are unlikely to be met.

The decision was unanimous.

"The Committee’s decision to hold the OCR balances the potential benefits of responding pre-emptively to the risk of higher medium-term inflation against the cost of unnecessarily stifling the economic recovery," the RBNZ said.

LATEST SNIPPETS

RBNZ Maintains OCR at 2.25%

The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.25% but signalled it is prepared to lift t...

Published on : 08 Apr 2026 , 12:10 PM
RBA Raises Cash Rate to 4.10%

The Reserve Bank of Australia lifted the cash rate by 25bps to 4.10%, making it back-to-back rate hikes after th...

Published on : 17 Mar 2026 , 02:41 PM
Australia Dec Qtr GDP Up 2.6% y/y

The Australian economy grew 0.8% q/q in the December quarter, data published by the Australian Bureau of St...

Published on : 04 Mar 2026 , 11:46 AM
Australia's Private New Capex Rises 0.4% q/q in Dec Qtr

Australia's total private new capex rose 0.4% q/q in the December quarter, leading to a 7.8% rise y/y, according...

Published on : 26 Feb 2026 , 11:34 AM
Australia Jan CPI up 3.8% y/y

Australia's Consumer Price Index rose 0.4% q/q in January, slowing from a 1.0% rise in December, but the y/y pace...

Published on : 25 Feb 2026 , 11:39 AM
Australia Dec Qtr Construction Work Done Fell -0.1% q/q

Value of construction work done in Australia fell -0.1% q/q in the December quarter and rose 3.0% y/y, data from the...

Published on : 25 Feb 2026 , 11:38 AM
RBNZ increases monetary policy meetings to eight from seven

The Reserve Bank of New Zealand will have eight monetary policy meetings a year from 2027, up from seven. 

...

Published on : 19 Feb 2026 , 02:36 PM
Australia Jan Unemployment Rate Stays at 4.1%

Australia's unemployment rate was unchanged at 4.1% in January, data from the Australian Bureau of Statistics sho...

Published on : 19 Feb 2026 , 11:39 AM
RBNZ Leaves OCR unchanged at 2.25%

The Reserve Bank of New Zealand kept the Official Cash Rate unchanged at 2.25%, meeting expectations. 

Published on : 18 Feb 2026 , 12:08 PM
Australia Wage Price Index Rises 3.4% y/y in December Qtr

Australia's wage price index rose 0.8% q/q in the December 2025 quarter, leaving the y/y pace unchanged at 3.4%,...

Published on : 18 Feb 2026 , 11:38 AM