New Zealand's central bank holds rates at 2.25%, sees accommodative policy for some time
ReutersFeb 18, 2026 1:12 AM
WELLINGTON, Feb 18 (Reuters) - New Zealand's central bank held its interest rates steady at 2.25% on Wednesday, as widely expected, adding that the monetary policy stance needs to remain accommodative for some time to support the economic recovery.
Wrapping up its first meeting chaired by Governor Anna Breman, the Reserve Bank of New Zealand, however, did flag policy settings would gradually normalise as the recovery strengthened.
Markets had widely wagered on a hold after the RBNZ signalled it was done easing policy late last year, having slashed rates by 325 basis points to foster an economic recovery.
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