Central Bank RatesNew Zealand policy rate in 2026 (2 changes)
Start of year2.25%
Latest2.75%Oct 2, 2026
Net change+50 bp2 hikes, 0 cuts
Average2.354%
Rank by level29 / 38
Changes in 2026
| Date | From | To | Change |
|---|---|---|---|
| Jul 9, 2026 | 2.25% | 2.50% | hike +25 bp |
| Sep 3, 2026 | 2.50% | 2.75% | hike +25 bp |
Compared with other areas at the end of 2026
37%
14%
13.75%
12.25%
8%
7.25%
6.5%
6.5%
5.75%
5.75%
5.5%
5.25%
5%
4.5%
4.5%
4.5%
4.35%
4.25%
4.25%
4.25%
3.875%
3.75%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.75%
2.5%
2.25%
2.25%
2.1%
1.75%
1.25%
1%
0%
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%
2026: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.