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

EconomyNov 24, 2021 05:12
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© Reuters.

(Bloomberg) -- 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
    • Actual results matched Bloomberg surveys 88.7% of the time
  • See CHART of central bank decisions vs Bloomberg survey

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

Note 2: Unexpected is when announced rate is not equal to Bloomberg survey median

©2021 Bloomberg L.P.

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

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Tudor Cirstea
Tudor Cirstea Nov 24, 2021 7:29
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Sorry, but who cares about NZ? An punny economy with 0 influence in the grand economic scheme
 
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