Forex Fundamentals
RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 8 October 2025

RBNZ Interest Rate Decision 8 October 2025: 2.5%, below the 2.75% forecast and down from 3% in August 2025. It is the lowest of the last 12 releases. 2 of the last 12 releases came in below the forecast. It was released on Wed 8 Oct 2025 at 01:00 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
2.5%
Forecast
2.75%
The market consensus
Previous
3%
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 8 October 2025: 2.5% against a 2.75% 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 8 October 2025: 2.5% vs 2.75% forecast (Reserve Bank of New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rbnz/2025-10-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Oct 2025—2.5%2.75%3%
20 Aug 2025—3%3%3.25%
9 Jul 2025—3.25%3.25%3.25%
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%
The release before:RBNZ Interest Rate Decision 20 August 2025The release after:RBNZ Interest Rate Decision 26 November 2025RBNZ Interest Rate Decision: every recent resultThis week’s economic calendar