NZ: Shadow Board is overwhelmingly in favour of keeping the OCR at 2.25 percent in April
The NZIER Monetary Policy Shadow Board recommends the Reserve Bank of New Zealand (RBNZ) keep the Official Cash Rate (OCR) at 2.25 percent in the upcoming Monetary Policy Review on 8 April 2026. Shadow Board members agreed that keeping the OCR on hold is appropriate for now, given the high degree of uncertainty over the oil price shock in the wake of the US-Israel war against Iran, when the New Zealand economy is still recovering. The members stressed that the central bank should sit tight and look through the impact of the oil price shock on inflation. Regarding where the OCR should be in a year, the majority of ... (full story)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Midnight vs Zcash (ZEC): Why Cardano Founder Backs NIGHT

Pundit: You Don’t Have Enough XRP for What Will Happen Next Week
Concentrix Raises Qtr Dividend to 37c Vs. 36c >CNXC
-- Earnings Flash (CNXC) Concentrix Corporation Reports Q3 Revenue $2.45B, vs. FactSet Est of $2.48B
