Sensex: 76,991.22 (0.14%)

Nifty: 24,056.00 (0.14%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Economic Buzz: New Zealand central bank leaves Official Cash Rate unchanged at 2.25%
27-May-2026 10:57
The Reserve Bank (RBNZ) has held the official cash rate (OCR) unchanged at 2.25 percent in a split vote, but warned it will have to raise to counter surging inflation caused by the Middle East conflict.

The MPC said getting inflation back into the 1-3 percent target zone remained its priority and higher interest rates would be needed to achieve that this year.

The pace of OCR increases will depend on the relative influence of persistent wage- and price-setting behaviour versus weaker economic activity on medium-term inflation pressures.

An indicative interest rate track pointed to a likely OCR rise in September to 2.5 percent and a further 25 basis point rise, and a further rise in early 2027 before a couple more increases over the following 12 months.

Inflation was forecast to hit 4.3 percent in the September quarter, before returning to the target band by the middle of next year.

But the MPC said there was much uncertainty but generally conditions would be weaker in the near term.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.