Reserve Bank of New Zealand meeting —
At its 18 February 2026 meeting, the Reserve Bank of New Zealand held its policy rate at 2.25%.
Decision
hold — 2.25% to 2.25%
Key passages
The Committee agreed to hold the OCR at 2.25 percent.
If the economy evolves as expected, monetary policy is likely to remain accommodative for some time. As the recovery strengthens and inflation falls sustainably towards the target midpoint, monetary policy settings will gradually normalise.
Meeting documents
Background reading
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