Forex Fundamentals
RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 28 October 2026

RBNZ Interest Rate Decision 28 October 2026: 2.75%, below the 3.0% forecast and unchanged from 2.75% in September 2026. 2 of the last 12 releases came in below the forecast. It was released on Wed 28 Oct 2026 at 01:00 UTC. The next release is due on Wed 9 Dec 2026 at 01:00 UTC.

These figures were verified on 28 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
2.75%
Forecast
3.0%
The market consensus
Previous
2.75%
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 28 October 2026: 2.75% against a 3.0% 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 October 2026: 2.75% vs 3.0% forecast (Reserve Bank of New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rbnz/2026-10-28

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
28 Oct 2026—2.75%3.0%2.75%
2 Sep 2026—2.75%2.75%2.50%
8 Jul 2026—2.50%2.50%2.25%
27 May 2026—2.25%2.25%2.25%
8 Apr 2026—2.25%2.25%2.25%
18 Feb 2026—2.25%2.25%2.25%
26 Nov 2025—2.25%2.25%2.5%
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%
The release before:RBNZ Interest Rate Decision 2 September 2026RBNZ Interest Rate Decision: every recent resultThis week’s economic calendar