INVESTINGLIVE
NZD jumps - RBNZ holds OCR at 2.25% by casting vote as committee splits 3-3 on rate hike
From the original
The RBNZ held its OCR at 2.25% today by the governor's casting vote after a 3-3 committee split, signalling rates will need to rise sooner and by more than expected as inflation heads for 4.3%. Summary: Source: RBNZ Monetary Policy Statement and minutes, May 27, 2026 The MPC vote