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Next OCR announcement in NZ - Calendar for 2026

Key dates for the official cash rate in 2026 and 2027

Ben Tutty
Last updated: 10 February 2026 | 3 min read
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The Official Cash Rate (OCR), set by the Reserve Bank of New Zealand (RBNZ), is a key driver of mortgage rates and the economy. The RBNZ has scheduled seven OCR announcements for 2026, with the first on 18 February 2026.

While the RBNZ initially forecast a stable rate, stronger inflation data has led some economists to predict a potential increase. Forecasts vary among banks like ANZ and Kiwibank, highlighting economic uncertainty. Homeowners should prepare for possible interest rate rises.

The 2026 OCR announcement dates

What is the OCR?

The Reserve Bank is a government owned entity that sets interest rates.

What is the OCR forecast for 2026?

Author

Ben Tutty Ben Tutty
Content Writer