The Reserve Bank isn't expected to change its course - despite inflation remaining higher for longer
The Reserve Bank isn't expected to change its course - despite inflation remaining higher for longer
23 January 2026
Stats NZ is providing its latest CPI update at 10.45.
Economists expect the inflation rate to remain about three-percent - the very upper end of the Reserve Bank's target range.
That's higher than forecast - reflecting a higher-than-expected rise in travel costs.
But economists reckon the Reserve Bank will keep the OCR at the current 2.25 percent for now, while they wait for more data on the state of the economy.
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