PremiumHome / Business / Economy / Official Cash RateUpdatedLiam DannBusiness Editor at Large·NZ Herald·28 Oct, 2026 03:26 AM5 mins to readLiam Dann and Michael Morrah discuss today's Reserve Bank OCR decision. Video / Jason DordayThe Reserve Bank’s surprise decision to keep the Official Cash Rate on hold at 2.75% has caused economists to voice concerns about the risk that inflation may accelerate.“We are frankly flabbergasted by the RBNZ’s decision to leave interest rates on hold,” said BNZ head of research Stephen Toplis. “While AdvertisementAdvertise with NZME.
‘Flabbergasted’: Economists push back on RBNZs surprise OCR call, warn of inflation risk
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