The Reserve Bank has a lot to consider with this afternoon's OCR decision
The Reserve Bank has a lot to consider with this afternoon's OCR decision
9 July 2025
Economists are expecting the Official Cash Rate to remain momentarily steady at 3.25 percent - after six consecutive reductions.
ASB's Nick Tuffley says it's likely the Reserve Bank will want to hold off making another cut - until it has more clarity about the US tariffs.
He says the economy's taking its time to get going - and inflation will be bouncing between two and three percent over the next year or so.
Tuffley says it isn't exactly low - which is why the Reserve Bank's a bit wary about making a decision when it's in the hot seat
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