RBNZ Chief Economist Paul Conway says no rapid tightening ahead after the central bank raised rates to 2.50%, signaling a gradual, data-dependent approach.

RBNZ Chief Economist Paul Conway says no rapid tightening ahead after the central bank raised rates to 2.50%, signaling a gradual, data-dependent approach.

Reserve Bank of New Zealand raises OCR to 2.5% as Chief Economist Paul Conway warns inflation may peak at 4.3%, with more rate hikes possible in 2026.