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- The official cash rate (OCR) - Reserve Bank of New Zealand - Te Pūtea Matua
In August 2024, we started reducing the OCR in response to subdued activity data and our lower outlook for inflation We make interest rate decisions 7 times a year and the pace of further cuts will depend on our confidence that pricing behaviour remains consistent with a low inflation environment
- All eyes on interest rates: Key OCR dates for 2024 2025
With that in mind, here are the key OCR dates to watch for over the remainder of 2025*: 9 th July - Monetary Policy Review OCR; 20 th August - Monetary Policy Statement OCR ; 8 th October - Monetary Policy Review OCR ; 26 th November - Monetary Policy Statement OCR
- Predictions for NZ interest rates and the OCR in 2025
We could see a series of quick OCR cuts over the first half of 2025, potentially reaching that neutral OCR by mid-year What does that mean for NZ interest rates in 2025? We’ve said this before, but it’s important that borrowers are realistic in their expectations of what a “good” rate looks like moving forward—as the ultra-low rates
- 2025: Official Cash Rate (Predictions) | WATCH
Key OCR Announcement Dates for 2025 The RBNZ has scheduled several key dates for OCR announcements in 2025: 19th February: Monetary Policy Statement OCR; 9th April: Monetary Policy Review OCR; 28th May: Monetary Policy Statement OCR; 9th July: Monetary Policy Review OCR; 20th August: Monetary Policy Statement OCR
- Interest Rate Predictions 2025 - MoneyHub NZ
The Reserve Bank has been lowering the official cash rate (OCR) in the first half of 2025 With a cut on 19 February to 3 75%, then on 9 April to 3 50% and then again on 28 May to 3 25% When the OCR changes, banks (usually) follow and quickly adjust their mortgage rates and the interest rates offered by term deposits , savings accounts , and
- OCR set to drop to 3. 75%, but will mortgage rates follow?
The Reserve Bank’s first OCR decision of 2025 will be announced on Wednesday It’s likely to be a 0 5% cut, taking the cash rate to 3 75%, which the bank flagged in its last statement of 2024, in late November
- When is the next OCR announcement NZ? | Equals Money
The Reserve Bank of New Zealand (RBNZ) is due to announce its next Official Cash Rate (OCR) decision on Wednesday, May 28, 2025, at 02:00 UTC
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