Official cash rate
5.50%
as of 2026-04-09
Next meeting
Jul 9
T-17d
The Reserve Bank of New Zealand sets the Official Cash Rate and conducts monetary policy under a remit covering price stability and the support of maximum sustainable employment. The Monetary Policy Committee announces decisions on a fixed schedule.
Policy decisions are announced on the dates above. Source: official central bank schedules.
Official cash rate
5.50%
As of 2026-04-09
NZD 2026 consensus
0.60
median of 19 banks
NZD net longs (CFTC)
-22,254
latest as of
Next macro event
Balance of Trade (May)
5 most-recent items prefer LLM synthesis where available
Lead — The Swiss National Bank (SNB) is expected to maintain its policy rate at 0%, largely due to subdued inflationary pressures, as highlighted in the recent analysis. Per the full note [source],…
The desk sees the dollar's recent strength as underpinned by solid fundamentals, particularly the outlook from the Federal Reserve, despite a significant drop in oil prices. Per the full note from…
The desk views the upcoming Reserve Bank of New Zealand (RBNZ) policy decision as more contentious than current market pricing suggests. Per the full note from ING Economics, the RBNZ's monetary…
The desk anticipates a potential interest rate hike at the Reserve Bank of New Zealand's upcoming meeting on May 27, although it acknowledges that the RBNZ's tendency towards dovishness may lead to a…
Lead — The extension of the U.S. waiver on Russian oil imports reflects ongoing concerns about global supply dynamics, with the potential to impact various asset classes, including currencies. Per…
Non-commercial net longs over the past 8 weeks. Latest report: for RBNZ
Latest net
-22,254
NZD non-commercial contracts
WoW change
+5,471
8-week trend
oldest → newest
Reports referencing RBNZ across covered research desks
Intraday analysis covering EURUSD begins correcting , NZDUSD , and US 30, highlighting recent price movements, key…
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EURUSD currency pair recently broke the support zone between the support level 1.1600 (which stopped earlier correction…
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EURUSD managed to hold above the support of 1.1530-80 and managed to hit above the first resistance of 1.1660 last…
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EURUSD managed to hold above the support of 1.1530-80 and managed to hit above the first resistance of 1.1660 last…
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On the hourly chart of EUR/USD at FXOpen, the pair gained pace for a move above 1.1600. The Euro tested 1.1650 and…
Read article →FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.