When will the Reserve Bank of New Zealand announce a first Official Cash Rate (OCR) drop?
11
623Ṁ2166
resolved Aug 14
100%19%
Aug 2024
0.8%
Feb 2024
3%
Apr 2024
3%
May 2024
2%
July 2024
24%
Oct 2024
20%
Nov 2024
27%
After Nov 2024
0.7%
Before Feb 2024

Resolves to the month where the first Official Cash Rate (OCR) drop is announced.

If outside of the selected range, will resolve N/A

This is needs to be either an official Monetary Policy Statement & OCR event OR a Monetary Policy Review & OCR event.

Aligned with RBNZ calendar published here: https://www.rbnz.govt.nz/news-and-events/events#sort=%40eventstart%20ascending

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

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