The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday, signalling an intention to maintain an accommodative policy stance to support economic recovery.
At the first meeting of Anna Breman as RBNZ Governor, the Monetary Policy Committee decided to hold the key official cash rate at 2.25 percent, as widely expected.
The bank has lowered its benchmark rate by 325 basis points since August 2024, bringing it to the lowest since mid-2022.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.