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MANIFOLD
The next Reserve Bank of New Zealand (RBNZ) change to the Official Cash Rate (OCR) will be a cut
9
Ṁ130Ṁ407
resolved Aug 14
Resolved
YES

Inflation proving stubborn but weighed against risks of unacceptable economic downturn...

Will the Reserve Bank of New Zealand's next move to the Official Cash Rate (OCR) be a HIKE or CUT from the August 2023 OCR of 5.5%?

Resolves YES if the next move is a cut

Otherwise resolve NO

*Note: the next move might not happen for a while. Maintaing the current rate will push out resolution date of this question.

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25 basis points drop from 5.5% to 5.25% @Aug 2024 monetary policy statement