Interest Rate Forecast Nz 2024. Analysis compiled by anz research suggests market participants have priced in a roughly 13% chance of a 25 basis point rate hike on february 28, followed by cuts not long after. The reserve bank of new zealand (rbnz) announces its interest rate decision after its seven scheduled annual policy meetings.
Inflation, job insecurity and interest rates that have gone through the roof have been plaguing new zealanders over the last few years, but could 2024 finally bring some. The foundations of all our interest rate forecasts are two key rates: