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9 Jul 2025 23:39
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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

    9 July 2025
    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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