Central Bank RatesNew Zealand policy rate in 2004 (6 changes)
Start of year5.00%
End of year6.50%Dec 31, 2004
Net change+150 bp6 hikes, 0 cuts
Average5.779%
Rank by level13 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Jan 29, 2004 | 5.00% | 5.25% | hike +25 bp |
| Apr 29, 2004 | 5.25% | 5.50% | hike +25 bp |
| Jun 10, 2004 | 5.50% | 5.75% | hike +25 bp |
| Jul 29, 2004 | 5.75% | 6.00% | hike +25 bp |
| Sep 9, 2004 | 6.00% | 6.25% | hike +25 bp |
| Oct 28, 2004 | 6.25% | 6.50% | hike +25 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
2.75%
2.25%
4.25%
5.5%
4.25%
0.75%
0.25%
1%
1.75%
1.75%
1.75%
2.5%
3.5%
2.5%
2.5%
2.5%
3%
2.5%
5%
8.25%
7.25%
7.25%
6.5%
5%
5.75%
4.75%
6.5%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.