Persistent inflation at 4.1% year-over-year in the June 2026 quarter, driven by energy prices, and the RBNZ’s July 25-basis-point OCR hike to 2.50% anchor trader expectations for the October 28 review. With the bank targeting a neutral rate near 3% to return CPI to the 2% midpoint, markets price a near-even split between no change and another 25bp increase, reflecting uncertainty over how quickly the output gap closes amid resilient growth and elevated unemployment. The September 2 Monetary Policy Statement and October inflation data represent key near-term catalysts that could shift the market-implied path, consistent with the RBNZ’s data-dependent approach to further tightening.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo change 56%
25 bps increase 44%
25 bps decrease 2.1%
50+ bps decrease 1.7%
$12,182 Vol.
$12,182 Vol.
50+ bps decrease
2%
25 bps decrease
2%
No change
56%
25 bps increase
44%
50+ bps increase
1%
No change 56%
25 bps increase 44%
25 bps decrease 2.1%
50+ bps decrease 1.7%
$12,182 Vol.
$12,182 Vol.
50+ bps decrease
2%
25 bps decrease
2%
No change
56%
25 bps increase
44%
50+ bps increase
1%
The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its October 2026 meeting, scheduled for October 28, 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 October 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.
Market Opened: Jul 29, 2026, 6:38 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Reserve Bank of New Zealand, including the statement or release from its October 2026 meeting, scheduled for October 28, 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 October 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.
Resolver
0x69c47De9D...Persistent inflation at 4.1% year-over-year in the June 2026 quarter, driven by energy prices, and the RBNZ’s July 25-basis-point OCR hike to 2.50% anchor trader expectations for the October 28 review. With the bank targeting a neutral rate near 3% to return CPI to the 2% midpoint, markets price a near-even split between no change and another 25bp increase, reflecting uncertainty over how quickly the output gap closes amid resilient growth and elevated unemployment. The September 2 Monetary Policy Statement and October inflation data represent key near-term catalysts that could shift the market-implied path, consistent with the RBNZ’s data-dependent approach to further tightening.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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