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30 Nov 2025 12:43
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  •   Home > News > Business

    The Reserve Bank's slashed the Official Cash Rate, and is leaving its options open on what's next

    The Reserve Bank's slashed the Official Cash Rate, and is leaving its options open on what's next


    It's sliced off 25 basis points - bringing the rate to 2.25 percent -- its lowest since July 2022.

    Five of the Monetary Policy Committee's six members voted to cut -- expecting weak economics will push down inflation.

    One voted to stay unchanged - saying previous cuts haven't yet worked through the economy.

    The Central Bank's forward-projections suggest further cuts are unlikely - but that depends on how inflation and the economy track.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Will Arnett adores his 1990s supermodel girlfriend Carolyn Murphy's "generous spirit" 12:38

    Law and Order:
    KiwiRail's been fined more than 200-thousand-dollars, after a worker was nearly killed in a preventable fall in 2023 12:27

    Entertainment:
    Ted Danson had a near-death experience from glitter on the set of A Man on the Inside 12:08

    Golf:
    Kiwi golfer Ryan Fox is one-under par through six holes in his final round at the Australian PGA Championship in Brisbane 11:57

    Politics:
    Labour leader Chris Hipkins is expected to rally supporters, MPs, and candidates in Auckland today - in an attempt to get the base ready for next year's election 11:57

    Motoring:
    Kiwi Formula One driver Liam Lawson doesn't rate his chances in tomorrow's Qatar Grand Prix 11:47

    Entertainment:
    Beverly D'Angelo may have had a "bigger acting career" if she had focused less on her children when she had them aged 49 11:38

    International:
    Thai PM admits flood failures after trapped victims wait days for help 11:37

    Environment:
    Indonesia flood death toll climbs amid cyclone devastation 11:37

    Business:
    Our sheep meat exports hit record value in October 11:17


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