RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 7 August 2019

RBNZ Interest Rate Decision 7 August 2019: 1%, below the 1.25% forecast and down from 1.5% in June 2019. It is the lowest of the last 12 releases. 1 of the last 12 releases came in below the forecast. It was released on Wed 7 Aug 2019 at 02:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Reserve Bank of New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1%
Forecast
1.25%
The market consensus
Previous
1.5%
As the source gives it

What a print like this usually does

Below the forecast: A lower-than-expected OCR, or a decision that clearly points to faster cuts, usually weakens the NZD sharply.

RBNZ Interest Rate Decision 7 August 2019: 1% against a 1.25% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

RBNZ Interest Rate Decision 7 August 2019: 1% vs 1.25% forecast (Reserve Bank of New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rbnz/2019-08-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Aug 2019—1%1.25%1.5%
26 Jun 2019—1.5%1.5%1.5%
8 May 2019—1.50%1.50%1.75%
27 Mar 2019—1.75%1.75%1.75%
13 Feb 2019—1.75%1.75%1.75%
7 Nov 2018—1.75%1.75%1.75%
26 Sep 2018—1.75%1.75%1.75%
8 Aug 2018—1.75%1.75%1.75%
27 Jun 2018—1.75%1.75%1.75%
9 May 2018—1.75%1.75%1.75%
21 Mar 2018—1.75%1.75%1.75%
7 Feb 2018—1.75%1.75%1.75%