Best of Business

Anna Breman: Reserve Bank Governor explains why OCR increase was necessary

4 min · 8. heinä 2026
jakson Anna Breman: Reserve Bank Governor explains why OCR increase was necessary kansikuva

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The Reserve Bank Governor says Kiwis will ultimately benefit from today's OCR hike - the first in more than three years. The cash rate has been raised to 2.5 percent. Governor Anna Breman says inflation's been eating up household budgets. She says getting inflation back down helps everyone. "It will actually make sure that households get their purchasing power back, they can spend more, they can get more demand, and we will see better growth and employment coming back."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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