Breaking News

New Zealand Interest Rate Decision

Latest Release

May 24, 2023

Actual

5.50%

Forecast

5.50%

5.25%

The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the NZD, while a lower than expected rate is negative/bearish for the NZD.

Importance:

Country:

Currency: NZD

Source: Reserve Bank of New Zealand

Release Date	Time	Actual	Forecast	Previous
May 23, 2023	22:00	5.50%	5.50%	5.25%
Apr 04, 2023	22:00	5.25%	5.00%	4.75%
Feb 21, 2023	21:00	4.75%	4.75%	4.25%
Nov 22, 2022	21:00	4.25%	4.25%	3.50%
Oct 04, 2022	21:00	3.50%	3.50%	3.00%
Aug 16, 2022	22:00	3.00%	3.00%	2.50%

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	Interest Rates	Next Meeting
BOC	4.50%	Jun 07, 2023
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