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9 Jul 2025 17:29
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  •   Home > News > Business

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

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


    Members of the Monetary Policy Committee are divided on how long the economy will remain sluggish, and inflation stay higher.

    But they're unanimous in holding the OCR unchanged today.

    They've agreed they can wait until next month's review, to see how things track, particularly with global tariffs.

    © 2025 Newstalk ZB, NZCity

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     09 Jul: The Official Cash Rate may hold steady this afternoon - after six consecutive cuts
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     Today's News

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    International:
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    Entertainment:
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    Business:
    Trump managed two trade deals in his 90-day tariff pause. Experts say China was a key factor 16:27

    Business:
    NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise 16:07

    Entertainment:
    David Killick has died aged 87 16:06

    Entertainment:
    Johnny Depp refuses to "hold" onto "hate" following his bitter court battle with his ex-wife Amber Heard 15:36


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