Banks › Reserve Bank of New Zealand › History › 28 May 2025
Reserve Bank of New Zealand: decision of 28 May 2025
Reserve Bank of New Zealand cut the Official Cash Rate (OCR) by 25 bp to 3.25% on 28 May 2025.
Decision
cut
- Rate
- 3.50%↓3.25%
- Change
- −25 bp
- Announced
- 14:00 Auckland time
Sources
- Statement
- rbnz.govt.nz/news-and-events/news/2025/05/…
- Recorded
- 28 May 2025
- Data
- JSON
Before and after
- Previous decision: 9 Apr 2025, cut the Official Cash Rate (OCR) by 25 bp to 3.50%.
- Next decision: 9 Jul 2025, held the Official Cash Rate (OCR) at 3.25%.
- All Reserve Bank of New Zealand decisions and the rate history