Reserve BankGovernorAnna Breman. Photo. RNZ. Gyles Beckford of RNZ. The Reserve Bank has raised the Official Cash Rate for the first time in more than three years to tackle inflation pressures, and signalled more increases this year ... .
Reserve BankGovernorAnna Breman. Photo. RNZ. Gyles Beckford of RNZ. The Reserve Bank has raised the Official Cash Rate for the first time in more than three years to tackle inflation pressures, and signalled more increases this year ... .
When Government borrows and spends too much, it competes with mortgage holders and pushes pressure through the economy. Borrowers end up paying the price ....
Global growth has been resilient to the effects of tariffs and conflict in the Middle East, largely because of strong AI-related investment and spending on defence and economic security ....
The OCR has been held at 2.25% since November 2025 as the country has dealt with some challenging economic conditions, including high unemployment rates and sharp rises in fuel prices ....