New Zealand · NZD
Reserve Bank of New Zealand: next decision, current Official Cash Rate, consensus
As of 15 September 2026.
The next Reserve Bank of New Zealand Official Cash Rate decision is scheduled for Wed 28 Oct 2026 at 01:00 UTC (14:00 Pacific/Auckland).
The Official Cash Rate is currently 2.75%, after a +25 bp move on 02 Sep 2026.
Reserve Bank of New Zealand rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current Official Cash Rate | 2.75% Latest published reading, 02 Sep 2026 |
|---|---|
| Last change | +25 bp on 02 Sep 2026 |
| Next decision (UTC) | Scheduled · local 28 Oct 14:00 (UTC+13:00) |
| Consensus | Not published |
| Meeting frequency | ~7x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | RBNZ |
The full Official Cash Rate history, decision by decision, is on the New Zealand policy rate page.
How Reserve Bank of New Zealand sets policy
The Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee sets the Official Cash Rate (OCR) seven times per year. The RBNZ has a 1–3% CPI inflation target with a midpoint of 2%, and four of its decisions each year are accompanied by a Monetary Policy Statement.
Common questions
When is the next Reserve Bank of New Zealand rate decision?
The next Reserve Bank of New Zealand Official Cash Rate decision is scheduled for Wed 28 Oct 2026 at 01:00 UTC, which is 28 Oct 14:00 (UTC+13:00) in the market's own time zone.
What is the current Reserve Bank of New Zealand Official Cash Rate?
The Reserve Bank of New Zealand Official Cash Rate is 2.75%, from the reading published on 02 Sep 2026. The last change was +25 bp on 02 Sep 2026.
How often does the Reserve Bank of New Zealand meet?
The Official Cash Rate series is published ~7x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Reserve Bank of New Zealand decisions from the API?
Call GET /v1/announcements/nzd/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/nzd?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.