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10 Jul 2025 16:53
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  •   Home > News > Business

    Further cuts to the Official Cash Rate remain possible, but aren't guranteed

    Further cuts to the Official Cash Rate remain possible, but aren't guranteed


    The Reserve Bank's opted to keep the OCR at 3.25 percent.

    Some economists are forecasting further cuts, to 2.5 percent.

    But NZIER Senior Economist Ting Huang says its Shadow Board of independent economists is forecasting a low of between 2.75 percent and 3.25 percent.

    She says there is a broad view, that the OCR cuts will end in the next year.

    NZIER itself is forecasting one further cut, to 3-percent.

    © 2025 Newstalk ZB, NZCity

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    Napier's 'Design Spun', spinning mill is closing, as well as its dye house - with 26 jobs going More...



     Today's News

    Rugby League:
    Northern Mystics assistant coach Rob Wright believes the onus is on coaches to crackdown on rising bodily contact in the ANZ Premiership 16:27

    Rugby:
    Scott Robertson is backing wing Caleb Clarke to find his mojo in the second test against France in Wellington on Saturday 16:27

    Rugby:
    Former junior Australian gymnast Waiaria Ellis is set to become the second youngest Test debutante in Wallaroos history after being named to face New Zealand in Wellington on Saturday 16:17

    International:
    This couple say their strict meal-prep routine saves time, money and energy 16:07

    Entertainment:
    Sam Hunt and Hannah Lee Fowler have become parents for the third time 16:06

    Environment:
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    Entertainment:
    Candace Cameron Bure's son saved her marriage 15:36

    Business:
    Napier's 'Design Spun', spinning mill is closing, as well as its dye house - with 26 jobs going 15:27

    Entertainment:
    Gary Coleman's ex-wife has failed a voluntary lie detector test about the circumstances surrounding his death 15:06

    Business:
    Rents in the Capital are at their lowest since 2022 14:57


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