New Zealand's central bank holds rates at 2.25%, sees accommodative policy for some time
BY Reuters | ECONOMIC | 02/17/26 08:12 PM ESTWELLINGTON, Feb 18 (Reuters) - New Zealand's central bank held its ?interest rates steady at ?2.25% on Wednesday, ?as widely expected, adding that ?the monetary policy ?stance ?needs to remain accommodative for some ?time ?to support the economic recovery.
Wrapping up its ?first meeting ?chaired ?by Governor Anna Breman, the Reserve Bank of New ?Zealand, however, did ?flag policy settings would gradually normalise as the recovery strengthened.
Markets ?had ?widely wagered on ?a hold after ?the RBNZ signalled it was done easing policy late last year, having slashed rates by 325 basis ?points to foster an economic recovery. (Reporting by ?Stella Qiu; ?Editing by Sam ?Holmes)
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