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Reserve Bank says healthy OCR cut signals better days ahead

Summary by The Spinoff

The bank has forecast more cuts in 2025, saying retail inflation is fully under control.

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The Spinoff

Reserve Bank says healthy OCR cut signals better days ahead

The bank has forecast more cuts in 2025, saying retail inflation is fully under control.

3 days ago·New Zealand

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interest.co.nz

Reserve Bank delivers promised 50-point Official Cash Rate cut

Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'

3 days ago

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FXStreet

New Zealand: RBNZ reduces OCR by 50bps – UOB Group

The Reserve Bank of New Zealand (RBNZ), at its first monetary policy of the year, decided to lower the Official Cash Rate (OCR) by 50bps to 3.75%.

3 days ago

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Otago Daily Times

Reserve Bank cuts OCR by 50 basis points to 3.75%

IMAGE: RNZ Reserve Bank cuts official cash rate 50 basis points to 3.75%OCR cut the third consecutive big reduction - at its lowest since October 2022RBNZ says economy performing largely as expectedThe speed and extent of further OCR cuts to a neutral level depends on dataUncertain local and global outlook adds to cautionRetail banks cut floating mortgages, but most leave fixed rates unchanged The Reserve Bank has delivered the widely expected …

4 days ago·Otago, New Zealand

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