Forex Fundamentals
RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 28 May 2025

RBNZ Interest Rate Decision 28 May 2025: 3.25%, in line with the forecast and down from 3.5% in April 2025. It is the lowest of the last 12 releases. It was released on Wed 28 May 2025 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
3.25%
Forecast
3.25%
The market consensus
Previous
3.5%
As the source gives it

What a print like this usually does

In line with the forecast: If the OCR matches expectations, the NZD may move little on the number itself; the accompanying statement and projections can still drive a large move.

RBNZ Interest Rate Decision 28 May 2025: 3.25% against a 3.25% 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 28 May 2025: 3.25% vs 3.25% forecast (Reserve Bank of New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rbnz/2025-05-28

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
28 May 2025—3.25%3.25%3.5%
9 Apr 2025—3.5%3.5%3.75%
19 Feb 2025—3.75%3.75%4.25%
27 Nov 2024—4.25%4.25%4.75%
9 Oct 2024—4.75%4.75%5.25%
14 Aug 2024—5.25%5.5%5.5%
10 Jul 2024—5.5%5.5%5.5%
22 May 2024—5.5%5.5%5.5%
10 Apr 2024—5.5%5.5%5.5%
28 Feb 2024—5.5%5.5%5.5%
29 Nov 2023—5.5%5.5%5.5%
4 Oct 2023—5.5%5.5%5.5%
The release before:RBNZ Interest Rate Decision 9 April 2025The release after:RBNZ Interest Rate Decision 9 July 2025RBNZ Interest Rate Decision: every recent resultThis week’s economic calendar