News | Business
30 Jan 2026 22:33
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • 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

    The Finance Minister's dispelling concern the official cash rate will be hiked this year

    The Finance Minister's dispelling concern the official cash rate will be hiked this year


    Economics Firm Infometrics has suggested a hike to the OCR could come as soon as May.

    The prediction followed a lift in inflation to 3.1-percent, which put the Reserve Bank outside it's target mandate set by the Government.

    Nicola Willis says she doesn't think a rise is on the cards any time soon.

    She says the Reserve Bank's last update didn't predict a hike till 2027.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     30 Jan: Gold price plummets as markets prepare for Fed chair announcement — as it happened
     30 Jan: NZ’s finance industry is required by law to treat customers fairly – but how do we define ‘fair’?
     30 Jan: The US wants to control Venezuela's finances. These armed groups could make it difficult
     30 Jan: Insurers are getting increasingly sophisticated about where they offer cover - particularly in areas most affected by climate risks
     30 Jan: A potential lesson for all retailers - from the Lululemon leggings saga
     30 Jan: Missing out on a spot at the airport is largely to blame for a Wellington taxi company's failure
     29 Jan: The Finance Minister says education will always be a worthwhile investment - as the Government announces two new specialist schools
     Top Stories

    RUGBY RUGBY
    Rugby Australia has shown its desire to retain young talent after re-signing star Wallabies outside back Max Jorgensen through to the 2031 World Cup More...

    BUSINESS BUSINESS
    Gold price plummets as markets prepare for Fed chair announcement — as it happened More...


     Today's News

    		 International:
    Gold and silver prices collapse ahead of announcement on new US Federal Reserve chair 22:07

     Soccer:
    Mistakes have cost the Wellington Phoenix a win against the visiting Melbourne City in football's A-League 21:57

     Basketball:
    The New Zealand Breakers have kept the NBL playoff door ajar with a 97-95 win over Melbourne United at Auckland's Spark Arena 21:47

     Entertainment:
    Jennifer Lopez feels "very confident" when she has healthy-looking skin 21:31

     Soccer:
    To A-League football in the capital 21:17

     Entertainment:
    Paris Hilton will feel haunted by her sex tape for "the rest of [her] life" 21:01

     Entertainment:
    Jason Momoa has likened Dave Bautista to "an older brother" 20:31

     Entertainment:
    The Blind Side star Quinton Aaron is fighting for his life in hospital after contracting a "severe blood infection" 20:01

     Business:
    Gold price plummets as markets prepare for Fed chair announcement — as it happened 19:37

     Entertainment:
    Jessie J cancelled a gig in Toronto, Canada on Sunday night (25.01.26) after the venue was hit by a massive snow storm 19:31

     News Search




    Power Search

    © 2026 New Zealand City Ltd