The dominant driver behind the 94.3% implied probability of an RBNZ rate increase at the September 2 meeting is the Monetary Policy Committee’s July 2026 consensus decision to lift the OCR 25 basis points to 2.50%, coupled with explicit guidance that further reductions in monetary stimulus are likely given inflation remaining above the 1–3% target band. Recent quarterly surveys show one-year inflation expectations declining to 2.6%, yet headline CPI is projected to stay elevated near 3.3% in Q3, while domestic activity is expected to strengthen and close the output gap. Market pricing and economist forecasts align on at least one additional 25bp hike this year, pushing the OCR toward neutral around 3%. A material downside surprise in upcoming labor or inflation prints could still introduce uncertainty, but current data and central-bank communications leave little scope for a hold or cut.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedReserve Bank of New Zealand decision in September?
Increase 94.3%
No Change 5.1%
Decrease <1%
$27,972 Vol.
$27,972 Vol.
Increase
94%
No Change
5%
Decrease
<1%
Increase 94.3%
No Change 5.1%
Decrease <1%
$27,972 Vol.
$27,972 Vol.
Increase
94%
No Change
5%
Decrease
<1%
The resolution source for this market is information released by the Reserve Bank of New Zealand after its September 2, 2026 monetary policy decision, as listed on the official Reserve Bank of New Zealand monetary policy schedule: https://www.rbnz.govt.nz/news-and-events/events
This market may resolve as soon as the Reserve Bank of New Zealand's media release for their September 2, 2026 decision with relevant data is issued. If no decision on the official cash rate is issued by the date of the next scheduled monetary policy decision, this market will resolve to the "No change" bracket.
Market Opened: Jul 10, 2026, 10:23 AM ET
Resolver
0x69c47De9D...The resolution source for this market is information released by the Reserve Bank of New Zealand after its September 2, 2026 monetary policy decision, as listed on the official Reserve Bank of New Zealand monetary policy schedule: https://www.rbnz.govt.nz/news-and-events/events
This market may resolve as soon as the Reserve Bank of New Zealand's media release for their September 2, 2026 decision with relevant data is issued. If no decision on the official cash rate is issued by the date of the next scheduled monetary policy decision, this market will resolve to the "No change" bracket.
Resolver
0x69c47De9D...The dominant driver behind the 94.3% implied probability of an RBNZ rate increase at the September 2 meeting is the Monetary Policy Committee’s July 2026 consensus decision to lift the OCR 25 basis points to 2.50%, coupled with explicit guidance that further reductions in monetary stimulus are likely given inflation remaining above the 1–3% target band. Recent quarterly surveys show one-year inflation expectations declining to 2.6%, yet headline CPI is projected to stay elevated near 3.3% in Q3, while domestic activity is expected to strengthen and close the output gap. Market pricing and economist forecasts align on at least one additional 25bp hike this year, pushing the OCR toward neutral around 3%. A material downside surprise in upcoming labor or inflation prints could still introduce uncertainty, but current data and central-bank communications leave little scope for a hold or cut.
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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