Economic Calendar
RBNZ Interest Rate Decision
The Reserve Bank of New Zealand (RBNZ) announces its interest rate decision after each of its seven scheduled annual policy meetings. If the RBNZ is hawkish and sees inflationary pressures rising, it raises the Official Cash Rate (OCR) to bring inflation down. This is positive for the New Zealand Dollar (NZD) since higher interest rates attract more capital inflows. Likewise, if it reaches the view that inflation is too low it lowers the OCR, which tends to weaken NZD.
Country:New Zealand
Currency:NZD
Frequency:None
Next Event -
Previous
2.25%
Consensus
2.25%
The typical/expected impact on NZD pairs is High.
Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
Most Recent -
Consensus
2.25%
Actual
2.25%
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 26 November 2025 | 01:00 | 2.25% | 2.25% |
| 08 October 2025 | 01:00 | 2.5% | 2.75% |
| 20 August 2025 | 02:00 | 3% | 3% |
| 09 July 2025 | 02:00 | 3.25% | 3.25% |
| 28 May 2025 | 02:00 | 3.25% | 3.25% |
| 09 April 2025 | 02:00 | 3.5% | 3.5% |
| 19 February 2025 | 01:00 | 3.75% | 3.75% |
| 27 November 2024 | 01:00 | 4.25% | 4.25% |
| 09 October 2024 | 01:00 | 4.75% | 4.75% |
| 14 August 2024 | 02:00 | 5.25% | 5.5% |
| 10 July 2024 | 02:00 | 5.5% | 5.5% |
| 22 May 2024 | 02:00 | 5.5% | 5.5% |
| 10 April 2024 | 02:00 | 5.5% | 5.5% |
| 28 February 2024 | 01:00 | 5.5% | 5.5% |
| 29 November 2023 | 01:00 | 5.5% | 5.5% |
| 04 October 2023 | 01:00 | 5.5% | 5.5% |
| 16 August 2023 | 02:00 | 5.5% | 5.5% |
| 12 July 2023 | 02:00 | 5.5% | 5.5% |
| 24 May 2023 | 02:00 | 5.5% | 5.5% |
| 05 April 2023 | 02:00 | 5.25% | 5% |