Reserve Bank of New Zealand

New Zealand central bank says policy path not preset, guided by inflation outlook

[WELLINGTON] New Zealand’s top central banker said on Wednesday (Dec 10) that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation changed.

The RBNZ forecasts GDP growth of 1.1 per cent in the six months to December and 2.9 per cent in 2026.

New Zealand residential building gain signals economic growth

Construction has been slow to recover from a sharp downturn in 2024 when the economy slumped into recession

New Zealand's economy looks set to expand in 2026 with low and falling inflation, said RBNZ Governor Christian Hawkesby.

New Zealand central bank says economic recovery picking up

[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told a parliam...

RBNZ has delivered 325 basis points worth of easing since August 2024 to shore up an economy that has contracted in three of the last five quarters.

New Zealand central bank cuts cash rate by 25 bps to 2.25%

Policymakers signal likely end to easing cycle as economy shows early signs of picking up

The RBNZ slashed its benchmark rate by 50 basis points this month.

New Zealand central bank says rate-cut impacts on domestic economy are as expected

[WELLINGTON] New Zealand‘s central bank said on Wednesday that its recent aggressive interest-rate cuts to stimulate a slowing economy at home have been playing out largely as expected.

The new limits will allow banks to raise the share of new loans to owner-occupiers with less than a 20% deposit to 25% from 20% currently.

RBNZ plans to ease restrictions on higher-risk housing loans

Relaxation of the restrictions comes as the housing market has languished, with prices dropping to a two-year low in August

The Reserve Bank of New Zealand on Oct 8 cut its key rate by 50 bps on economic activity and business sentiment that came in worse than expected.

Surprise rate decisions in Asia signal growing economic unease

They underscore growing domestic economic and market uncertainties exacerbated by US tariffs

The slack in the economy means price pressures are expected to abate and return inflation to the middle of the RBNZ’s 1% to 3% target band in 2026.

RBNZ surprises with larger rate cut, sparking currency drop

Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle

The RBNZ has already slashed the cash rate by 250 basis points in little more than 12 months, but at 3% it is still considered neutral, neither curbing nor stimulating demand.

RBNZ seen cutting cash rate with economists split over magnitude

The economy is projected to recover in the second half of the year, and policymakers may decide against a knee-jerk reaction to the poor GDP number

Newly appointed governor of Reserve Bank of New Zealand Anna Breman, speaks during an announcement at Parliament, Wellington, New Zealand, Sep 24, 2025.

New Zealand appoints Anna Breman as central bank governor

[SYDNEY] New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank governor, making her the first woman in the role.