ANZ logo
ANZ

May 15, 2026

Monetary Policy Expectations Analysis

Macro ThematicMacro Economic IndicatorsRates Govt BondsOther

ANZ Research provides a detailed analysis of market-priced interest rate expectations for New Zealand, USA, Australia, Eurozone, UK, and Canada through 2027. The report shows a general trend of anticipated rate hikes across all monitored jurisdictions.

Key Takeaways

  • 1.New Zealand monetary policy is expected to tighten significantly, with the OCR projected to rise from 2.25% to 3.66% by August 2027.
  • 2.Australian interest rates are priced to peak at approximately 4.72% in February 2027 before a slight projected decline.
  • 3.The UK and Eurozone are anticipating steady rate increases, with the UK policy rate expected to reach 4.43% and the Eurozone reaching 2.68% by April 2027.

Table of Contents

  • Monetary Policy Expectations Analysis
  • Important notice

Document Preview

Page 1 of 3
Page 1 of Monetary Policy Expectations Analysis
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

ANZ Economics and Markets Research

Securities

New Zealand OCRFederal Funds RateSONIA€STRON

Themes

Monetary Policy TighteningCentral Bank Policy Divergence

Regions

Asia PacificNorth AmericaEuropeNew ZealandUnited StatesAustralia