PremiumHome / Business / Economy / Official Cash RateJenée TibshraenyWellington Business Editor·NZ Herald·3 Jun, 2026 04:38 AM5 mins to read‌Reserve Bank Governor Dr Anna Breman talks about the OCR split decision. Video / Ryan Bridge TODAYHigher mortgage rates have given the Reserve Bank a “bit of breathing space”, its chief economist says.

Paul Conway, one of the Reserve Bank committee members who voted to keep the Official Cash Rate (OCR) on hold last week, said the market is doing some of the work for the

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