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RBNZ’s Official Cash Rate Announcement 2.50% vs. 2.50% Exp. (Previous 2.50%)

RBNZ Governor Dr. Alan Bollard says financial market sentiment improved slightly, inflation pressures ‘well contained.’

New Zealand interest rate decision due at 5:00 PM. NZDUSD comes off year highs today. No change expected.


The Reserve Bank of New Zealand will announce the results of their monthly interest rate decision.  It is expected that rates remain unchanged at 2.5%.  The RBNZ has lowered the key interest rate from 8.25% in June 2008 to the current level - an unprecedented decline. 

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