Forex Fundamentals
RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 9 December 2026

RBNZ Interest Rate Decision 9 December 2026: the release is due at 01:00 UTC. The last release came in at 2.75% against a forecast of 3.0%. Of the last 12 releases, 0 came in above the forecast and 2 below it.

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 and what a print like it usually does to the currency.

Due at
01:00 UTC
9 December 2026
Forecast
—
The market consensus
Previous
2.75%
As the source gives it

What a surprise usually does

Above the forecast: An OCR above market expectations usually strengthens the NZD sharply as traders reprice the expected path of rates higher.

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

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 9 December 2026: due, with the last 12 releases
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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 28 October 2026RBNZ Interest Rate Decision: every recent resultThis week’s economic calendar