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 moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next RBNZ Interest Rate Decision result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Business NZ PSI | Bearish change | 51.5 | 50.9 | ||
| RBNZ Inflation Expectations (QoQ) | Bearish change | 2.28% | 2.37% | ||
| Business NZ PMI | Bearish change | 56.1 | 55.2 | ||
| Employment Change | Bullish change | 0% | 0.5% | ||
| Labour Cost Index (QoQ) | Bearish change | 0.5% | 0.4% | ||
| Participation Rate | Bullish change | 70.3% | 70.5% | ||
| Unemployment Rate | Bearish change | 5.3% | 5.4% |
| 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 |