News | Business
10 Jul 2025 15:36
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     10 Jul: Napier's 'Design Spun', spinning mill is closing, as well as its dye house - with 26 jobs going
     10 Jul: Rents in the Capital are at their lowest since 2022
     10 Jul: Donald Trump reveals 50pc tariff for Brazil among levies to be imposed on imports from August 1
     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: 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
     Top Stories

    RUGBY RUGBY
    Despite Will Jordan's star turn at right wing for 79 minutes of the opening test against France, the All Blacks have decided against repeating the dose in the second test More...


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



     Today's News

    Rugby:
    Despite Will Jordan's star turn at right wing for 79 minutes of the opening test against France, the All Blacks have decided against repeating the dose in the second test 15:27

    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

    International:
    Sarah Gigante claims Giro d'Italia Donne stage four win after six months out following surgery 14:37

    Entertainment:
    Lana Del Rey and Matthew McConaughey are among the stars who have sent their well wishes to the people of Texas, following deadly flash floods in the state 14:36

    Law and Order:
    Police say a man charged with murdering a 31-year-old in Hamilton last night was known to the victim 14:27

    Environment:
    More severe weather's on the way for the top of the South Island 14:17

    Law and Order:
    Kiwi electronic music duo Sachi are performing in Auckland and Wellington, next month 14:07

    Entertainment:
    Maisie Smith and her boyfriend Max George are "more impulsive" since he underwent multiple heart surgeries 14:06


     News Search






    Power Search


    © 2025 New Zealand City Ltd