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3 Jan 2025 6:42
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  •   Home > News > Business

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US


    Some economists suggest the OCR could be cut 50 basis points in Wednesday's Reserve Bank decision.

    Associate Finance Minister David Seymour says we've had little choice other than following the lead of the American Federal Reserve.

    He says if we don't match interest rates our dollar will collapse.

    © 2025 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
    Transpower is warning of potential power failures in the South Island, while it deals with a severe "geomagnetic induced current event" More...



     Today's News

    Law and Order:
    A man's been charged with murder, attempted murder, and six other charges - over the death of Nelson police officer Lynn Fleming 6:06

    Cricket:
    India captain Rohit Sharma appears on the verge of being dropped for the fifth cricket test against Australia in Sydney starting today 5:36

    Law and Order:
    Police are investigating a report that a young person was approached in Christchurch this afternoon by a male who tried to get them into a vehicle 21:56

    Accident and Emergency:
    Police say serious injuries have been reported after a crash between a car and a motorcycle just south of Morrinsville 21:16

    International:
    Once firm friends, Afghanistan and Pakistan are now at each other's throats. Here's why 19:16

    Soccer:
    A chance for a breather for Auckland FC after maintaining their spot at the summit of the A-League ladder 18:56

    International:
    What we know about the New Orleans truck attack 18:16

    Cricket:
    The Black Caps have fallen short of a T20 series whitewash of Sri Lanka, losing the third and final match by seven runs in Nelson 18:07

    Soccer:
    Auckland FC coach Steve Corica is urging his team to make the most of a mini-break in their A-League season 18:07

    International:
    What we know about the Cybertruck explosion in Las Vegas 17:27


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