OCR At 5.5% - When Will It Drop?
The chart shows the change in the Official Cash Rate since 2013.
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
0
1
1
2
2
3
3
4
4
5
5
6%
The Reserve Bank kept the OCR at 5.5% on Nov 29, 2023. The next rates decision is on Feb 28, 2024.
The Reserve Bank kept the OCR at 5.5% on Nov 29, 2023. The next rates decision is on Feb 28, 2024.
5.50%
