Central Bank RatesNew Zealand policy rate in 2019 (2 changes)
Start of year1.75%
End of year1.00%Dec 31, 2019
Net change-75 bp0 hikes, 2 cuts
Average1.383%
Rank by level29 / 38
Changes in 2019
| Date | From | To | Change |
|---|---|---|---|
| May 9, 2019 | 1.75% | 1.50% | cut -25 bp |
| Aug 8, 2019 | 1.50% | 1.00% | cut -50 bp |
Compared with other areas at the end of 2019
12%
7.25%
6.5%
6.25%
5.15%
5%
4.5%
4.25%
4.15%
4%
3%
3%
2.75%
2.5%
2.49%
2.25%
2.25%
2.25%
2.25%
2.25%
2%
1.75%
1.75%
1.625%
1.5%
1.5%
1.25%
1.25%
1%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.25%
-0.75%
-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%
2019: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.