RBNZ Governor Breman says in online post-meeting press conference that the decision to hold rates was a consensus, adds discussed raising rates at today's meeting but were not close to hiking

Says:

• We were not close to hiking rates today and there were no strong advocates for a hike today.
• If oil prices keep falling our inflation forecast would be on the high side.
• Tighter financial conditions expected to modestly dampen growth.
• Frequency of rate hikes could be every meeting or every second meeting, it depends.