Recent RBNZ actions, including consecutive 25 basis point Official Cash Rate hikes in July and September 2026 that lifted the benchmark to 2.75 percent, combined with persistent headline inflation at 4.1 percent in the June quarter driven by Middle East-related fuel prices, underpin trader pricing for another quarter-point increase at the December 9 Monetary Policy Statement meeting. Core inflation measures and inflation expectations remain aligned with a return to the 1–3 percent target band by mid-2027, while the economic recovery shows uneven momentum supported by export prices. Assistant Governor comments and market swaps have downplayed an October move in favor of December, reflecting the committee’s preference to assess prior tightening effects ahead of updated projections. With the OCR currently at 2.75 percent, a 25 basis point hike implies a 3.00 percent terminal rate for the year, consistent with bank forecasts and the gradual removal of stimulus needed to anchor medium-term inflation near the 2 percent midpoint.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated25 bps increase 56%
No change 33%
25 bps decrease 7%
50+ bps increase 7%
50+ bps decrease
3%
25 bps decrease
7%
No change
33%
25 bps increase
56%
50+ bps increase
7%
25 bps increase 56%
No change 33%
25 bps decrease 7%
50+ bps increase 7%
50+ bps decrease
3%
25 bps decrease
7%
No change
33%
25 bps increase
56%
50+ bps increase
7%
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.
Market Opened: Sep 8, 2026, 7:44 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 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.
Resolver
0x69c47De9D...Recent RBNZ actions, including consecutive 25 basis point Official Cash Rate hikes in July and September 2026 that lifted the benchmark to 2.75 percent, combined with persistent headline inflation at 4.1 percent in the June quarter driven by Middle East-related fuel prices, underpin trader pricing for another quarter-point increase at the December 9 Monetary Policy Statement meeting. Core inflation measures and inflation expectations remain aligned with a return to the 1–3 percent target band by mid-2027, while the economic recovery shows uneven momentum supported by export prices. Assistant Governor comments and market swaps have downplayed an October move in favor of December, reflecting the committee’s preference to assess prior tightening effects ahead of updated projections. With the OCR currently at 2.75 percent, a 25 basis point hike implies a 3.00 percent terminal rate for the year, consistent with bank forecasts and the gradual removal of stimulus needed to anchor medium-term inflation near the 2 percent midpoint.
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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