RBNZ Press Conference

The Reserve Bank of New Zealand (RBNZ) holds monetary policy meetings seven times a year, announcing their decision on interest rates and the economic assessments that influenced their decision. The central bank offers clues on the economic outlook and future policy path, which are of high relevance for the NZD valuation. Positive economic developments and upbeat outlook could lead the RBNZ to tighten the policy by hiking interest rates, which tends to be NZD bullish. The policy announcements are usually followed by Governor Adrian Orr’s press conference.

Most recent - Wednesday 27 November 2024 02:00

Trading range

Past events

Date
Wednesday 27 November 2024 02:00
Wednesday 14 August 2024 03:00
Wednesday 22 May 2024 03:00
Wednesday 28 February 2024 02:00
Wednesday 29 November 2023 02:00
Wednesday 16 August 2023 03:00
Wednesday 24 May 2023 03:00
Wednesday 22 February 2023 02:00
Wednesday 23 November 2022 02:00
Wednesday 17 August 2022 03:00
Wednesday 25 May 2022 03:00
Wednesday 23 February 2022 02:00

Economic context

Recent economic data has been moderately bullish for NZD. The following recent announcements may affect the market reaction to RBNZ Press Conference:

PreviousLatest
ExportsBullish change$5.61B$6.48B
ImportsBearish change$7.27B$6.92B
Trade Balance NZD (YoY)Bullish change$-9.07B$-8.25B
Gross Domestic Product (QoQ)Bullish change-1.1%-1%
Gross Domestic Product (YoY)Bearish change-0.5%-1.5%
Westpac Consumer SurveyBullish change90.897.5
Business NZ PSIBullish change46.249.5
Business NZ PMIBearish change45.845.5

About RBNZ Press Conference

Country:New Zealand
Currency:NZD
Source:Reserve Bank of New Zealand
Category:Central Banks
Frequency:Irregular

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