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icon for Reserve Bank of New Zealand decision in December?

Reserve Bank of New Zealand decision in December?

icon for Reserve Bank of New Zealand decision in December?

Reserve Bank of New Zealand decision in December?

25 bps increase 86%

No change 15%

50+ bps decrease <1%

25 bps decrease <1%

Polymarket
NEW

25 bps increase 86%

No change 15%

50+ bps decrease <1%

25 bps decrease <1%

Polymarket
NEW

50+ bps decrease

$512 Vol.

<1%

25 bps decrease

$335 Vol.

<1%

No change

$1,362 Vol.

15%

25 bps increase

$4,287 Vol.

86%

50+ bps increase

$638 Vol.

<1%

This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting. The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.**Reserve Bank of New Zealand traders price an 85.5% probability of a 25 basis point Official Cash Rate hike at the December 9 Monetary Policy Statement, reflecting the central bank's September 2 decision to lift the OCR to 2.75% for the second consecutive meeting.** Elevated June-quarter CPI at 4.1%—driven by Middle East-related fuel prices—has kept headline inflation above the 1-3% target, while core measures and inflation expectations remain consistent with a return to the 2% midpoint by late 2027. Recent Q2 GDP growth of 0.2% quarter-on-quarter (beating forecasts) and a 5.6% unemployment rate signal a resilient recovery that supports gradual tightening without derailing activity. Markets view the December MPS as the likely venue for the final 25bp move to around 3.0%, consistent with the RBNZ's updated projections and ASX futures-implied paths, though global energy volatility and growth risks could still influence the October 28 interim review.

This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting.

The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued.

If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.

If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.

If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting. The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Volume
$7,134
End Date
Dec 9, 2026
Market Opened
Sep 8, 2026, 7:44 PM ET
This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting. The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.**Reserve Bank of New Zealand traders price an 85.5% probability of a 25 basis point Official Cash Rate hike at the December 9 Monetary Policy Statement, reflecting the central bank's September 2 decision to lift the OCR to 2.75% for the second consecutive meeting.** Elevated June-quarter CPI at 4.1%—driven by Middle East-related fuel prices—has kept headline inflation above the 1-3% target, while core measures and inflation expectations remain consistent with a return to the 2% midpoint by late 2027. Recent Q2 GDP growth of 0.2% quarter-on-quarter (beating forecasts) and a 5.6% unemployment rate signal a resilient recovery that supports gradual tightening without derailing activity. Markets view the December MPS as the likely venue for the final 25bp move to around 3.0%, consistent with the RBNZ's updated projections and ASX futures-implied paths, though global energy volatility and growth risks could still influence the October 28 interim review.

This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting.

The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued.

If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.

If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.

If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
This market will resolve according to the change in basis points in the official cash rate (OCR) resulting from the December 2026 meeting of the Reserve Bank of New Zealand, relative to the level it was prior to this meeting. The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its December 2026 meeting, scheduled for December 9, 2026, as listed on the official RBNZ calendar (https://www.rbnz.govt.nz/news-and-events/events). This market may resolve as soon as the statement or release of the Reserve Bank of New Zealand resulting from its December 2026 meeting with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Volume
$7,134
End Date
Dec 9, 2026
Market Opened
Sep 8, 2026, 7:44 PM ET

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Frequently Asked Questions

"Reserve Bank of New Zealand decision in December?" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "25 bps increase" at 86%, followed by "No change" at 14%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 86¢ implies that the market collectively assigns a 86% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Reserve Bank of New Zealand decision in December?" is a newly created market on Polymarket, launched on Sep 8, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Reserve Bank of New Zealand decision in December?," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Reserve Bank of New Zealand decision in December?" is "25 bps increase" at 86%, meaning the market assigns a 86% chance to that outcome. The next closest outcome is "No change" at 14%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Reserve Bank of New Zealand decision in December?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.