News | Business
9 Jul 2025 18:56
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

    Another cut to the Official Cash Rate still looks more likely than not

    Another cut to the Official Cash Rate still looks more likely than not


    The Reserve Bank's kept the OCR unchanged at 3.25 percent today, following six consecutive cuts.

    It's waiting for more economic data, before further moves.

    But Infometrics Principal Economist, Brad Olsen, says the bank's explicitly signalling the chance of more cuts.

    He says if things continue as expected, the central bank will have scope for one or two more cuts before the end of this year.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     09 Jul: Trump managed two trade deals in his 90-day tariff pause. Experts say China was a key factor
     09 Jul: NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise
     09 Jul: The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected
     09 Jul: The Official Cash Rate may hold steady this afternoon - after six consecutive cuts
     09 Jul: Hopes a move to boost New Zealand's use of AI, will get small businesses on board
     09 Jul: Businesses are calling for clarity, as the Government moves to pump up our AI options
     09 Jul: Economists are divided on how low the Reserve Bank will go with the Official Cash Rate
     Top Stories

    RUGBY RUGBY
    British and Irish Lions coach Andy Farrell insists the team they've named to play the Brumbies is subject to change ahead of the first test against the Wallabies More...


    BUSINESS BUSINESS
    Another cut to the Official Cash Rate still looks more likely than not More...



     Today's News

    Rugby League:
    Coach Andrew Webster has revealed why Kurt Capewell is unlikely to back up from State of Origin duties for the Warriors in Sunday's NRL outing against the Wests Tigers at Mt Smart 18:37

    Entertainment:
    Jessie J's cancer has not spread following her recent mastectomy 18:36

    International:
    'Birdnesting' alternates parenting at the family home during separation. Does it work? 18:17

    Rugby:
    British and Irish Lions coach Andy Farrell insists the team they've named to play the Brumbies is subject to change ahead of the first test against the Wallabies 18:07

    Entertainment:
    Lena Dunham found the pressures of fame to be "overwhelming" 18:06

    Entertainment:
    Oasis once tried to steal a tractor when they were "very drunk" 17:36

    Rugby League:
    Relief for New South Wales fans with their team to remain unchanged for tonight's State of Origin decider against Queensland in Sydney 17:27

    Environment:
    Mount Ruapehu's had a restless night, with a swarm of earthquakes since yesterday morning 17:27

    Rugby League:
    Warriors coach Andrew Webster has explained why he's picked Tanah Boyd to replace Luke Metcalf at halfback over Te Maire Martin for Sunday's NRL tussle with the Tigers at Mt Smart 17:17

    Entertainment:
    Kim Kardashian's world "is not the same" following the death of her childhood friend 17:06


     News Search






    Power Search


    © 2025 New Zealand City Ltd