Policy rates: United States vs New Zealand

United States3.875%

New Zealand2.75%

Difference-112 bp

Widest gap+6.25%2008-04

United StatesNew Zealand

Gap at year end

2026-1.125%

2025-1.375%

2024-0.125%

2023+0.125%

2022-0.125%

2021+0.625%

2020+0.125%

2019-0.625%

2018-0.625%

2017+0.375%

2016+1.125%

2015+2.125%

2014+3.375%

2013+2.375%

2012+2.375%

2011+2.375%

2010+2.875%

2009+2.375%

2008+4.875%

2007+4%

2006+2%

2005+3%

2004+4.25%

2003+4%

2002+4.5%

2001+3%

2000+0%

Daily policy-rate data compiled by the BIS. Not investment advice. Compared at month ends.