Reserve Bank increases cash rate

Sep 2, 2026 | Economy, Latest News, Money Market

The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.75%. Inflation increased to 4.1% in the June quarter because of higher fuel prices arising from the conflict in the Middle East. Core inflation, expected wage growth, and inflation expectations remain consistent with inflation returning to the 1 to […]

 


 

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