News | Business
30 Nov 2025 18:08
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

    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

     Other Business News
     30 Nov: Our sheep meat exports hit record value in October
     29 Nov: Changes to regional councils could create debate about what to do with the assets they own
     29 Nov: A global shortage of beef could be playing a key role in skyrocketing domestic mince prices
     29 Nov: Research could be the key for shoppers who actually want to get a deal this Black Friday weekend
     28 Nov: Retailers are feeling positive heading into the holiday season, as Kiwis across the country, spend more
     28 Nov: Farmers are turning out more milk with fewer cows
     28 Nov: It's thought next year could bring some heat back to the housing market
     Top Stories

    RUGBY RUGBY
    Springbok lock Eben Etzebeth is facing a lengthy spell on the sidelines after being red carded for eye gouging in the record 73-nil win over Wales in Cardiff More...


    BUSINESS BUSINESS
    Our sheep meat exports hit record value in October More...



     Today's News

    Entertainment:
    Matt Smith went to eight Oasis shows over the summer 17:38

    International:
    Em Rusciano on finding balance in life after her ADHD and autism diagnoses 17:37

    Politics:
    Strengthening community-led GP practices is at the centre of Labour's new low-interest loan policy 17:27

    Cricket:
    Black Foils skipper Peter Burling is intrigued to see how the final day of SailGP racing will pan out in Abu Dhabi 17:27

    Golf:
    Golfer Ryan Fox is adjusting to playing in scorching conditions again after completing his first tournament since taking a two-month break 17:27

    Entertainment:
    Lindsay Arnold is expecting her third child 17:08

    Politics:
    Doubts the health system would be able to cope with Labour's election promises 16:57

    Golf:
    Golfer Ryan Fox has admitted there's work to do following his first event since a two-month layoff 16:47

    Entertainment:
    Tara Reid has claimed she was drugged at a bar before being rushed to hospital 16:38

    Health & Safety:
    Health New Zealand has confirmed one new cases of measles - taking the total to 22 nationwide 16:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd