Persistent inflation above the RBNZ’s 1–3% target, with June 2026 CPI at 4.1% year-over-year driven by energy prices, underpins the 94.8% market-implied probability of an Official Cash Rate increase at the September 2 Monetary Policy Statement. The central bank’s unanimous July 25-basis-point hike to 2.50%, combined with explicit tightening bias and data-dependent guidance emphasizing medium-term inflation pressures, has aligned trader consensus and economist forecasts around further normalization toward neutral settings near 3%. Recent softening in some core measures and lower oil prices introduce modest two-sided risks, though any material downside surprise in upcoming labor or price data would be required to shift the near-certain pricing of another 25-basis-point move.
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 94.8%
No Change 4.3%
Decrease <1%
$27,465 Vol.
$27,465 Vol.
Increase
95%
No Change
4%
Decrease
<1%
Increase 94.8%
No Change 4.3%
Decrease <1%
$27,465 Vol.
$27,465 Vol.
Increase
95%
No Change
4%
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...Persistent inflation above the RBNZ’s 1–3% target, with June 2026 CPI at 4.1% year-over-year driven by energy prices, underpins the 94.8% market-implied probability of an Official Cash Rate increase at the September 2 Monetary Policy Statement. The central bank’s unanimous July 25-basis-point hike to 2.50%, combined with explicit tightening bias and data-dependent guidance emphasizing medium-term inflation pressures, has aligned trader consensus and economist forecasts around further normalization toward neutral settings near 3%. Recent softening in some core measures and lower oil prices introduce modest two-sided risks, though any material downside surprise in upcoming labor or price data would be required to shift the near-certain pricing of another 25-basis-point move.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


Beware of external links.
Beware of external links.
Frequently Asked Questions