The typical/expected impact on NZD pairs is high.
The consensus forecast for RBNZ Interest Rate Decision is 2.75%. 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 2.5% against a forecast of 2.5%.
Recent economic data has been moderately bearish 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) | Bearish change | 1% | -0.5% | ||
| Retail Sales ex Autos (QoQ) | Bearish change | 1.1% | 0.7% | ||
| Exports | Bearish change | $7.83B | $7.39B | ||
| Imports | Bullish change | $8.06B | $9.34B | ||
| Trade Balance NZD (YoY) | Bearish change | $-4.04B | $-5.23B | ||
| Producer Price Index - Output (QoQ) | Bullish change | 0.8% | 1.6% |
| 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 |