Door ajar for another OCR cut in 2026
The central bank eased the cash rate by 25bps today after the majority of MPC members voted for a move downwards.
Departing RBNZ Governor Christian Hawkesby speaks to media
The Reserve Bank has cut the official cash rate to 2.25% and left the door open for another cut next year, depending on the pace of the economic recovery.
The move marked Christian Hawkesby’s final rate decision as governor before he hands over control to Dr Anna Breman on Monday. Hawkesby took on
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