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RBNZ Maintains Rates Amid Middle East Conflict Concerns

3/23/2026

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Story summary
  • The Reserve Bank of New Zealand will shift Governor Breman’s speech to address the Middle East conflict’s impacts.
  • Markets expect three rate hikes this year, which the RBNZ says are unwarranted.
  • New Zealand’s economy grew 1.3% over the past year.
  • The Reserve Bank of Australia recently hiked rates as its economy performs better.
  • The RBNZ is expected to maintain current rates and emphasize transparency in future monetary policy decisions.