New Zealand Raises Key Interest Rate to 0.75%; Decision History

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The Reserve Bank of New Zealand raises key interest rate as expected to 0.75%.

  • 21 of 23 economists surveyed predicted the rate to increase to 0.75%
  • Of 159 rate decisions surveyed by Bloomberg, 18 were unexpected
  • See CHART of central bank decisions vs Bloomberg survey

Note 1: Expected is when Bloomberg survey median is equal to the announced rate