Your browser is not supported

Our website does not support the browser you are using. For a better browsing experience update to a compatible browser like the latest browsers from Chrome, Firefox and Safari.

February Monetary Policy Statement and OCR

We publish our Monetary Policy Statement (MPS) quarterly. This includes any changes to the official cash rate (OCR).

Past Event
Wednesday, 18 February 2026 to Wednesday, 18 February 2026
2:00 pm - 4:00 pm

At 2pm we publish:

The Monetary Policy Statement media conference starts at 3pm. The link to the livestream will be available here from approximately 2.30pm.

The Monetary Policy Statement is published on our website and announced to financial markets at 2pm (NZT) and then emailed to our news subscribers and shared on our X/Twitter account. It can take a few minutes for information to appear on our website.

We reserve the right to make changes to timing if required due to unexpected developments. In that unlikely event, we would give the markets and the media as much warning as possible.

If our website is unavailable

If our website is unavailable, and we can't publish the OCR decision at 2pm, we will:

  • send out an email to our news subscribers with the media release and OCR decision. Sign up for updates.
  • post the decision on our social media channels — LinkedIn and X / Twitter
  • post the record of meeting and full Monetary Policy Statement document to our LinkedIn account