New Zealand Interest Rate Decision

NZD
Actual
5.50%
Forecast
5.50%
Previous
5.50%
Latest Release
May 22, 2024
Importance
Overview
The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.

A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
May 22, 2024 07:30 5.50% 5.50%
5.50%
Apr 10, 2024 07:30 5.50% 5.50%
5.50%
Feb 28, 2024 06:30 5.50% 5.50%
5.50%
Nov 29, 2023 06:30 5.50% 5.50%
5.50%
Oct 04, 2023 06:30 5.50% 5.50%
5.50%
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