RBNZ Keeps Official Cash Rate at 2.25% and Sees Inflation Returning to Midpoint
The Reserve Bank of New Zealand held its official cash rate at 2.25%, noting that headline inflation rose to 3.1% in the December 2025 quarter but is expected to fall back within the 1% to 3% target band by the March quarter and drift toward the 2% midpoint over the next year. The central bank said earlier rate cuts have supported a gradual recover…