The typical/expected impact on NZD pairs is high.
The consensus forecast for RBNZ Interest Rate Decision is 2.25%. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for RBNZ Interest Rate Decision was 2.25% against a forecast of 2.25%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next RBNZ Interest Rate Decision result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (QoQ) | (no change) | 0.9% | 0.9% | ||
| Retail Sales ex Autos (QoQ) | Bearish change | 1.4% | 1% | ||
| Exports | Bullish change | $7.66B | $8.62B | ||
| Imports | Bearish change | $7.23B | $6.7B | ||
| Trade Balance NZD (YoY) | Bullish change | $-3.49B | $-2.76B | ||
| Producer Price Index - Output (QoQ) | Bullish change | 0.1% | 0.8% | ||
| Business NZ PSI | Bullish change | 46.2 | 48.9 | ||
| Business NZ PMI | Bearish change | 52.8 | 50.5 | ||
| RBNZ Inflation Expectations (QoQ) | Bearish change | 2.37% | 2.53% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Reserve Bank of New Zealand |
| Category: | Interest Rates |
| Frequency: | Weekly/week-based |
| Australia | RBA Interest Rate Decision | ||
| Canada | BoC Interest Rate Decision | ||
| Switzerland | SNB Interest Rate Decision | ||
| Eurozone | ECB Rate On Main Refinancing Operations | ||
| Japan | BoJ Interest Rate Decision | ||
| United Kingdom | BoE Interest Rate Decision | ||
| United States | Fed Interest Rate Decision | ||
| China | PBoC Interest Rate Decision | ||
| India | RBI Interest Rate Decision (Repo Rate) | ||
| South Korea | BoK Interest Rate Decision | ||
| Mexico | Central Bank Interest Rate | ||
| Norway | Norges Bank Interest Rate Decision | ||
| Russian Federation | Interest rate decision | ||
| Sweden | Riksbank Interest Rate Decision | ||
| Turkey | CBRT Interest Rate Decision |