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10 Jul 2025 10:34
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  •   Home > News > Business

    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected

    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected


    Members of the Monetary Policy Committee are divided on how long the economy will remain sluggish, and inflation stay higher.

    But they're unanimous in holding the OCR unchanged today.

    They've agreed they can wait until next month's review, to see how things track, particularly with global tariffs.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     10 Jul: Kiwirail is lifting some of its freight and Interislander user charges
     10 Jul: The Finance Minister says businesses should be more confident about the economic recovery
     10 Jul: Further cuts to the Official Cash Rate remain possible, but aren't guranteed
     10 Jul: Last year's Rhythm and Vines sprouted millions for Gisborne's economy
     09 Jul: Another cut to the Official Cash Rate still looks more likely than not
     09 Jul: Trump managed two trade deals in his 90-day tariff pause. Experts say China was a key factor
     09 Jul: NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise
     Top Stories

    RUGBY RUGBY
    All Blacks coach Scott Robertson's made three positional changes to his starting side for Saturday's second test against France More...


    BUSINESS BUSINESS
    Kiwirail is lifting some of its freight and Interislander user charges More...



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    International:
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    Health & Safety:
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