Live Updates > Live Update Details
2026-02-16 08:07:50
[Reserve Bank of New Zealand Widely Expected to Hold Rates Steady on Wednesday; Market Focuses on Inflation and Timing of Rate Hikes] The market widely expects the Reserve Bank of New Zealand (RBNZ) to keep its official overnight cash rate unchanged at 2.25% at its policy meeting on Wednesday. Traders will focus on the central bank's outlook for the economy, as well as its anticipated paths for inflation and interest rates. After significant rate cuts over the past two years, New Zealand is expected to see an economic recovery in the coming year. However, the inflation situation remains unclear; although it has begun to rise, the increase is not significant. New Governor Anna Breman is expected to state that the central bank is prepared to raise rates if inflation worsens, although the timing of such a rate hike may not occur until the end of 2026.
