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7 Jan 2025 9:55
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      Home > News > Business

    The Reserve Bank remains on standby over summer, as the US prepares for a handover of power, and uncertainty continues in the Middle East and Ukraine

    The Reserve Bank remains on standby over summer, as the US prepares for a handover of power, and uncertainty continues in the Middle East and Ukraine

    4 January 2025
    The Monetary Policy Committee has paused meetings for three months over summer.

    Governor Adrian Orr says they're not expecting an "economic shock", and they're likely to keep the OCR unchanged until the next scheduled review in mid-February.

    But he says they're prepared to make emergency decisions if they need to, as they did during the start of the Covid pandemic.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     07 Jan: A grocery commentator says New Zealanders are getting the short end of the straw when they shop at the supermarket
     07 Jan: New Zealand might have to hold out, to get the best possible deal from a trade agreement with India
     07 Jan: Watermelons are hitting shelves earlier than ever this year, after a bumper season in Gisborne
     06 Jan: Small businesses are hoping for a reprieve this year
     06 Jan: The Council of Trade Unions says the Government can't be surprised if workers head to Australia
     06 Jan: A warning the grass may not be greener for tradies on the other side of the Tasman
     05 Jan: Christchurch's Mayor anticipates keeping rates down, will likely be the city's biggest challenge this year
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    The Detroit Lions have nabbed top seed in the NFL's NFC for the playoffs with a commanding 31-9 win over the Minnesota Vikings in the final game of the regular season More...

    BUSINESS BUSINESS
    A grocery commentator says New Zealanders are getting the short end of the straw when they shop at the supermarket More...


     Today's News

    		 Business:
    A grocery commentator says New Zealanders are getting the short end of the straw when they shop at the supermarket 9:47

     Entertainment:
    Ariana Grande used to impersonate Judy Garland 9:44

     Business:
    New Zealand might have to hold out, to get the best possible deal from a trade agreement with India 9:27

     Entertainment:
    Chelsea Handler feels "more confident" than ever before 9:14

     Environment:
    Winter blast of snow, ice and wind grips US from Midwest to east coast 9:07

     Soccer:
    No time for Nottingham Forest football manager Nuno Espirito Santo to appreciate his side's run of form ahead of this morning's Premier League match away at Wolverhampton 8:57

     Entertainment:
    Justin Baldoni's legal team intend to share "every single text message" sent between the director and Blake Lively 8:44

     Entertainment:
    Zendaya is a "very self-conscious person" 8:14

     Living & Travel:
    Good news for travellers -- today's Interislander ferry services have returned mostly to schedule 8:07

     Law and Order:
    Deep concern over recent violence towards children 7:57

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