Skip to main content

New Zealand's next rate hike looking more distant

The Reserve Bank of New Zealand (RBNZ) kept its policy rate at 3.5% today for the second meeting in a row. Subdued inflation, slowing growth and the strength of the New Zealand dollar all suggest that it will be a while before the central bank resumes its tightening cycle. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.