Reserve Bank of New Zealand meeting —
At its 2 September 2026 meeting, the Reserve Bank of New Zealand raised its policy rate from 2.50% to 2.75%. The decision passed unanimous.
Decision
hike — 2.50% to 2.75%
Vote: unanimous
Key passages
The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.75 percent.
The Committee remains vigilant and will respond as necessary to ensure inflation returns sustainably to the 2 percent target mid-point over the medium term.
Meeting documents
Background reading
Previous meeting · Open the full decision workspace
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