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9 Jul 2025 15:13
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  •   Home > News > Business

    The Official Cash Rate may hold steady this afternoon - after six consecutive cuts

    The Official Cash Rate may hold steady this afternoon - after six consecutive cuts


    But a 25-basis-point cut could still be on the table.

    The Reserve Bank's lowered the OCR from 5.5 last August to 3.25 percent in May - driving mortgage rates down with it.

    ANZ Chief Economist Sharon Zollner says at the last decision, it's mentioned there were some general concerns about inflation coming back.

    She says there are certainly sticky parts of inflation - but in the bigger picture, those concerns will likely alleviate rather than intensify.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     09 Jul: Businesses are calling for clarity, as the Government moves to pump up our AI options
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     08 Jul: Iwi-owned commercial entities have outperformed some of New Zealand's largest listed companies
     08 Jul: A focus shift in the red meat sector's yielded strong export revenue for another month
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    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected More...



     Today's News

    Entertainment:
    Helena Christensen is "very disciplined" about protecting her skin because she's an "outdoorsy person" 15:06

    Health & Safety:
    Fewer pharmacy visits are on the horizon for New Zealanders needing inhalers and IUDs from next month 14:57

    International:
    New Mexico flooding alerts issued as rising waters sweep away homes and trap residents 14:57

    Business:
    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected 14:57

    Entertainment:
    Cameron Boyce's Descendants co-stars have paid tribute to the late star on the sixth anniversary of his death 14:36

    Golf:
    Golfer Daniel Hillier is trying to keep the thought of a maiden PGA Tour card from impacting his game on the European circuit 14:17

    International:
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    Entertainment:
    Coleen Nolan "didn't want to get out of bed" after the death of her sister Linda Nolan 14:06

    Law and Order:
    Two supermarket operators have admitted to unfair trading 13:47

    Entertainment:
    King Charles has praised the "extraordinary courage and compassion" shown in the wake of the 7/7 terrorist attacks 13:36


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