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2026-02-18 09:06:13
The Reserve Bank of New Zealand's interest rate decision: Members noted the continued risks to inflation. One member supported maintaining the Official Cash Rate (OCR) at its current level for the time being, but pointed out that if economic activity recovers as expected, monetary stimulus could be phased out earlier without harming the recovery. Another member noted that reacting too quickly to business pricing intentions could reinforce the perception of strong demand and encourage businesses to raise prices further.
