Institution

BNZ Financial Research Hub

Explore deep-dive financial research and institutional insights provided by BNZ. Our hub features a collection of professional analysis, currently including 1 report designed to keep you informed on critical market developments.

1 report available

A Hawkish Hold

BNZ·May 28, 2026

The RBNZ held the OCR at 2.25% following a deadlocked MPC vote, though a 25bps hike in July now appears highly likely. BNZ has raised its terminal rate forecast to 4.0% by May 2027 as inflation pressures from the Middle East conflict mount.