Economic data

RBNZ Governor Says Further Rate Increases Highly Likely

Bloomberg Markets28 October 2026, 07:07 UTCNew Zealand

Reserve Bank of New Zealand Governor Anna Breman says further OCR increases are highly likely at coming meetings after policymakers voted 4-3 to leave rates unchanged. She points to anchored inflation expectations, subdued wage growth and weak domestic demand. (Source: Bloomberg)

Read the full story at Bloomberg Markets Open in the live monitor

On the map

RBNZ Press ConferenceEconomic dataNew Zealand28 October 2026, 02:00 UTC

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about New Zealand

AUD/NZD Price Forecast: Aussie might test support at previous highs around 1.2490FXStreet28 October 2026, 07:34 UTCNew ZealandThe Aussie Dollar (AUD) is rallying sharply against an ailing New Zealand Dollar (NZD) on Wednesday, following an unexpected pause at the Reserve Bank of New Zealand (RBNZ) monetary policy meeting.
New Zealand Dollar: RBNZ pause limits Kiwi gains – CommerzbankFXStreet28 October 2026, 06:44 UTCNew ZealandCommerzbank’s Norman Liebke notes that the Reserve Bank of New Zealand (RBNZ) surprised markets by holding at 2.75%, even as it signalled further hikes will likely be needed.
New Zealand Unexpectedly Holds Interest Rates Steady; Kiwi Falls - BloombergGoogle News28 October 2026, 04:10 UTCNew ZealandEconomic dataNew Zealand Unexpectedly Holds Interest Rates Steady; Kiwi Falls Bloomberg
New Zealand Central Bank Surprises Markets With Rate Hold - WSJGoogle News28 October 2026, 04:03 UTCNew ZealandEconomic dataNew Zealand Central Bank Surprises Markets With Rate Hold WSJ
Flying Air New Zealand’s Skycouch with a toddler: Is it worth the extra cost? - The PressGoogle News28 October 2026, 04:00 UTCNew ZealandFlying Air New Zealand’s Skycouch with a toddler: Is it worth the extra cost? The Press
New Zealand dollar nosedives after RBNZ stuns market - TradingViewGoogle News28 October 2026, 03:57 UTCNew ZealandNew Zealand dollar nosedives after RBNZ stuns market TradingView
New Zealand central bank stands pat, signals future hikes - Nikkei AsiaGoogle News28 October 2026, 03:45 UTCNew ZealandEconomic dataNew Zealand central bank stands pat, signals future hikes Nikkei Asia
R-CALF USA Challenges Australian and New Zealand Arguments in lamb injury case - Tri-State Livestock NewsGoogle News28 October 2026, 03:43 UTCNew ZealandR-CALF USA Challenges Australian and New Zealand Arguments in lamb injury case Tri-State Livestock News

More on Economic data

Will Andy Burnham actually like his own budget?Politico Europe28 October 2026, 08:10 UTCUnited KingdomGovernment leadersIt’s budget day – and it’s a critical moment for the chancellor and the UK economy. So, what are the plans to ease the squeeze on household bills and the cost-of-living crisis? Sam Coates and Anne...
Cut tax, reduce deficit, grow economy. Can B.C. Conservatives do it all at once?Winnipeg Free Press28 October 2026, 08:00 UTCEconomic data
UK finance chief seeks to steer economy with low-key budgetDaily Sabah28 October 2026, 07:58 UTCUnited KingdomEconomic dataBritain's Chancellor of the Exchequer John Healey is set to announce a cautious budget plan on Wednesday as he tries to avoid piling more bond market pressure ⁠on the new governmen...
Brent prices hit $115 amid concerns over Saudi refinery attackDaily Sabah28 October 2026, 07:51 UTCSaudi ArabiaEconomic dataOil prices surged around $2 early on Wednesday following an attack on a refinery in Saudi Arabia, the world's top crude exporter, renewing concerns about supply risks because of c...
Oil Traders Brace for Iran Escalation After U.S. ElectionsOilPrice.com28 October 2026, 07:50 UTCIranGovernment leadersOil traders appear to be preparing for a resumption of hostilities in the Middle East following the U.S. midterm elections on November 3, and if such a resumption does not take place, oil prices ar...
Tokayev Pledges $14 Billion for Infrastructure, Sets 2029 Energy Surplus TargetThe Astana Times28 October 2026, 07:49 UTCKazakhstanGovernment leadersThe Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan will allocate 6.5 trillion tenge (US$14.3 billion) from the National Fund by the end of 2029...