Central bank rate changes on 29 May 2025

On 29 May 2025, 2 central banks we track changed their policy rate: the Bank of Korea cut its Base rate by 25 bp to 2.50 % and the Reserve Bank of New Zealand cut its Official cash rate by 25 bp to 3.25 %.

Changes

Set by	Rate	Change
Bank of Korea · South Korea	2.50 %	↓ cut −25 bp
Reserve Bank of New Zealand · New Zealandannounced 28 May 2025	3.25 %	↓ cut −25 bp

Dates are the day a new rate took effect. Some banks announce a few days earlier; the announcement date is shown where we know it.