Resereve Bank of New Zealand

Reserve Bank of NZ

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Reserve Bank of New Zealand Te Pūtea Matua. We're New Zealand's Central Bank. We manage monetary policy, regulate the financial system, and …

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Frequently asked questions

Q:
Why are interest rates still high and how quickly will they decline?
A:
We increased interest rates between 2021 and 2023 in response to high inflation.
A:
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