Central Bank RatesNew Zealand policy rate in 2016 (3 changes)
Start of year2.50%
End of year1.75%Dec 30, 2016
Net change-75 bp0 hikes, 3 cuts
Average2.175%
Rank by level21 / 38
Changes in 2016
| Date | From | To | Change |
|---|---|---|---|
| Mar 10, 2016 | 2.50% | 2.25% | cut -25 bp |
| Aug 11, 2016 | 2.25% | 2.00% | cut -25 bp |
| Nov 10, 2016 | 2.00% | 1.75% | cut -25 bp |
Compared with other areas at the end of 2016
13.75%
10%
8%
7.5%
7%
6.25%
5.75%
5%
4.75%
4.35%
4.25%
4%
3.75%
3.5%
3%
3%
2.5%
2.25%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.25%
1%
0.9%
0.625%
0.5%
0.5%
0.25%
0.1%
0.05%
0%
-0.1%
-0.5%
-0.65%
-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%
2016: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.