RBNZ Governor Anna Breman holds rates steady and prioritizes clear communication in debut meeting

Governor Anna Breman kept interest rates on hold during her first meeting while focusing on transparency. She aims to support a fragile economic recovery today.

In her inaugural monetary policy meeting as Governor of the Reserve Bank of New Zealand NZNZ (RBNZ), Anna Breman announced today, February 18, 2026, that the official cash rate (OCR) will remain unchanged. The decision, which marks the first public briefing under Breman’s leadership, included a clear signal that interest rate hikes are not planned until inflationary pressures and the broader economy show signs of strengthening. This approach defines the near-term stance of the nation's monetary policy as it navigates a fragile economic recovery.
Anna Breman, the newly appointed governor of the Reserve Bank of New Zealand, speaks during an announcement at the parliament in Wellington, New Zealand, on September 24, 2025. REUTERS/Marty Melville      TPX IMAGES OF THE DAY
Anna Breman, the newly appointed governor of the Reserve Bank of New Zealand, speaks during an announcement at the parliament in Wellington, New Zealand, on September 24, 2025. REUTERS/Marty Melville TPX IMAGES OF THE DAY
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