What is the OCR (official cash rate) in NZ right now?
This graph shows the OCR (official cash rate) which is the Reserve Bank’s interest rate, and they use it to control inflation.
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Unveiling New Zealand's Interest Rate Fluctuations: 20 Years of Data
This graph shows a simple average for each bank's interest rate at 5pm on a Friday.
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Data type: Mortgage interest rates
Source: interest.co.nz
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Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Ed, our Resident Economist, is equipped with a GradDipEcon, a GradCertStratMgmt, BMus, and over five years of experience as Opes Partners' economist. His expertise in economics has led him to contribute articles to reputable publications like NZ Property Investor, Informed Investor, OneRoof, Stuff, and Business Desk. You might have also seen him share his insights on television programs such as The Project and Breakfast.
