Nz Interest Rates Forecast 2024. Westpac expects the official cash rate to remain on hold at 5.5% when the reserve bank of new zealand meets in february and throughout 2024, with a “gradual easing” forecast to start in 2025. The un report forecasts nz will end 2024 with inflation at 3.4%, then drop to 2.6% in 2025.
5.50% the reserve bank of new zealand (rbnz) governor decides where to set the rate after. The un report forecasts nz will end 2024 with inflation at 3.4%, then drop to 2.6% in 2025.