What Will Interest Rates Be In 2024 Nz. Interest rate in new zealand averaged 6.70 percent from 1985 until 2024, reaching an all time high of 67.32 percent in march of 1985 and a record low of 0.25 percent in march of. Business sentiment has turned more pessimistic as firms struggle with lower sales and high interest rates, leading them to shed staff and hold back on investment.
Rbnz cuts rates by 25 bps to 5.25%, first easing in over 4 yrs. This news conference will start at about 3pm.
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