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ANZ: RBNZ Likely to Raise Rates in October Despite November Election

2026-08-17 05:08:05

According to ANZ, the Reserve Bank of New Zealand is likely to raise interest rates in October despite the country's November election, according to ANZ's senior strategist David Croy. The RBNZ has stated it aims to restore monetary policy to a neutral level, which ANZ estimates at around 3% or slightly above. The current official cash rate stands at 2.50%, suggesting further tightening is needed.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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