Global Finance News
02 Sep 2026, 09:05
RBNZ Raises Interest Rate to 2.75% as Inflation Remains Elevated
The Reserve Bank of New Zealand raised its Official Cash Rate by 25 basis points to 2.75% on Wednesday, matching market expectations and extending the tightening cycle after July’s increase to 2.50%.
The Reserve Bank of New Zealand raised its Official Cash Rate by 25 basis points to 2.75% on Wednesday, matching market expectations and extending the tightening cycle after July’s increase to 2.50%.