Anna Breman

Rule Changes

Chaired the October 28 meeting where the bank held the OCR at 2.75% in a 4-3 vote

New Zealand's annual inflation slowed to 3.7% in the September quarter from 4.1% in June, Stats NZ said. Petrol prices fell 6.5% over the quarter, while a 6.2% rise in local council rates pushed the other way.

Updated Nov 1

Money Moves

Voted with three others to hold the OCR at 2.75% on 28 October; part of the 4-member majority

New Zealand's central bank held its official cash rate at 2.75% on Wednesday, 28 October, in a 4-3 vote. Economists and markets had largely expected a rise to 3%. The New Zealand dollar fell about 1.3% to 56.1 US cents after the decision.

Updated Oct 31