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RBNZ OCR Announcement Dates 2025

The Monetary Policy Committee made 7 interest rate decisions in 2025: Feb 19, Apr 9, May 28, Jul 9, Aug 20, Oct 8, Nov 26. It raised the rate 0 times, cut it 6 times and held 1 time.

Decisions in 20257Monetary Policy Committee
Done7/70 hike, 6 cut, 1 hold
Next—the year is over
With projections2Aug, Nov
The schedule

RBNZ interest rate decisions in 2025

Times in Wellington, New York and London; the last column is your own time.

RBNZ OCR Announcement Dates 2025: date, time and result of each decision
DateWellingtonNew YorkLondonYour timePress conf.ProjectionsResult
Wed, Feb 19 Wed · 2:00 PM Wellington Tue, Feb 18 · 8:00 PM EST Wed, Feb 19 · 1:00 AM London 1:00 AM UTC 3:00 PM Wellington — Cut 50 bp to 3.75%
Wed, Apr 9 Wed · 2:00 PM Wellington Tue, Apr 8 · 10:00 PM EDT Wed, Apr 9 · 3:00 AM London 2:00 AM UTC — — Cut 25 bp to 3.50%
Wed, May 28 Wed · 2:00 PM Wellington Tue, May 27 · 10:00 PM EDT Wed, May 28 · 3:00 AM London 2:00 AM UTC 3:00 PM Wellington — Cut 25 bp to 3.25%
Wed, Jul 9 Wed · 2:00 PM Wellington Tue, Jul 8 · 10:00 PM EDT Wed, Jul 9 · 3:00 AM London 2:00 AM UTC — — Held at 3.25%
Wed, Aug 20 Wed · 2:00 PM Wellington Tue, Aug 19 · 10:00 PM EDT Wed, Aug 20 · 3:00 AM London 2:00 AM UTC 3:00 PM Wellington Yes Cut 25 bp to 3.00%
Wed, Oct 8 Wed · 2:00 PM Wellington Tue, Oct 7 · 9:00 PM EDT Wed, Oct 8 · 2:00 AM London 1:00 AM UTC — — Cut 50 bp to 2.50% · 25 bp more dovish than expected
Wed, Nov 26 Wed · 2:00 PM Wellington Tue, Nov 25 · 8:00 PM EST Wed, Nov 26 · 1:00 AM London 1:00 AM UTC 3:00 PM Wellington Yes Cut 25 bp to 2.25%

Dates and times from FXStreet's economic calendar. Four of the seven decisions come with a full Monetary Policy Statement, including the Bank's own forecast track for the OCR; the others with a shorter Monetary Policy Review. Check them against the RBNZ's own calendar.

Questions

RBNZ OCR Announcement Dates 2025: questions

How many times does the RBNZ meet in 2025?

7 scheduled interest rate decisions: Feb 19, Apr 9, May 28, Jul 9, Aug 20, Oct 8, Nov 26. Seven decisions a year.

What time are RBNZ decisions announced?

The decision is published at 2:00 pm Wellington time. On Monetary Policy Statement days the Governor holds a press conference at 3:00 pm.

Which RBNZ meetings in 2025 come with projections?

Aug 20, Nov 26. Four of the seven decisions come with a full Monetary Policy Statement, including the Bank's own forecast track for the OCR; the others with a shorter Monetary Policy Review.

What did the RBNZ decide in 2025?

Feb 19: cut 50 bp to 3.75%; Apr 9: cut 25 bp to 3.50%; May 28: cut 25 bp to 3.25%; Jul 9: held at 3.25%; Aug 20: cut 25 bp to 3.00%; Oct 8: cut 50 bp to 2.50%; Nov 26: cut 25 bp to 2.25%.

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