Reserve Bank expected to raise official cash rate to 3%

Tuesday 27 October 2026 · 2 outlets · 3 reports · updated Tue 27 Oct, 5:00am

In this story Reserve Bank of New Zealand

The Reserve Bank is widely expected to increase the official cash rate by 25 basis points this Wednesday. While some economists suggest the central bank may not make the right decision, the move is anticipated to bring the rate to 3%.

How they headlined it

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1. The PostTue 27 Oct, 4:00am

   Shamubeel Eaqub: Reserve Bank ‘unlikely to do the right thing’ in OCR decision (opens in new tab)

   • Reserve Bank set to reach for familiar ‘blunt tool’ in hiking OCR to 3% (opens in new tab) Tue 27 Oct, 4:00am
2. NZ HeraldTue 27 Oct, 5:00am

   OCR preview: Will the Reserve Bank hike on the eve of the election? (opens in new tab)Premium