Story perspectives
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.
