Reserve Bank Of New Zealand (RBNZ): Committee Members Hayley Goulley, Assistant Governor Silk, Committee Member Prasana Gay, And RBNZ Governor Brehman Believe That There Are Upside Risks To Inflation Compared To Central Forecasts

Reserve Bank Of New Zealand: High Inflation Is Expected To Continue

Reserve Bank Of New Zealand: Overall, The Committee Assesses That There Is Still Spare Capacity In The Economy, Particularly In The Labor Market

Reserve Bank Of New Zealand: Based On The Central Economic Outlook, Committee Members Believe That The Official Cash Rate May Need To Be Raised Further

Reserve Bank Of New Zealand: All Members Agreed That The Median Forecast Level For The Official Cash Rate (OCR) Is Appropriate

Reserve Bank Of New Zealand: Medium-term Inflation Indicators Are In Line With The Inflation Return Target

Reserve Bank Of New Zealand: The Committee Considers That Raising The Official Cash Rate To 2.75% Is An Appropriate Step To Bring Inflation Sustainably Back To The Midpoint Of The 2% Target

Reserve Bank Of New Zealand: The Committee Unanimously Decided Today To Raise The Official Cash Rate By 25 Basis Points To 2.75%

Reserve Bank Of New Zealand: The Labor Market Situation Should Improve

Reserve Bank Of New Zealand: The Committee Expects New Zealand's Export Sector To Remain Resilient And Household Spending To Increase Gradually

Reserve Bank Of New Zealand: Economic Recovery Is Expected To Strengthen And Expand

Reserve Bank Of New Zealand: New Zealand's Economic Recovery Has Likely Resumed, But Remains Uneven

The Reserve Bank Of New Zealand Stated That This Decision Reduces The Risk Of Needing To Further Raise The Official Cash Rate (OCR) In The Future. Future Policy Decisions Will Depend On The Committee's Assessment Of The Balance Of Risks To Inflation Over The Medium Term

Reserve Bank Of New Zealand: The Official Cash Rate Is Expected To Be 3.28% In September 2029