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2026-02-18 11:18:11

[RBNZ Keeps Rates Unchanged, Leaving Door for Year-End Hike] The Reserve Bank of New Zealand (RBNZ) kept its monetary policy unchanged on Wednesday, while leaving the door open for a rate hike before the end of the year. Abhijit Surya, senior economist at Capital Economics, said the central bank seems willing to exit its accommodative stance sooner than previously suggested. Surya noted that the latest forecasts indicate a high probability of a rate hike by the RBNZ in the fourth quarter of 2026. A central bank member stated that if the country's economic recovery meets expectations, monetary stimulus measures could be withdrawn earlier without harming the recovery.

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