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25 Feb 2026 14:20
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      Home > News > Business

    The Official Cash Rate is staying unchanged at a record low 1 percent

    The Official Cash Rate is staying unchanged at a record low 1 percent


    Most economists had predicted a cut by 25 basis points - causing the dollar to rise.

    NZ Herald Business editor at large Liam Dann says the OCR tends to flow through to mortgage and deposit rates.

    He says it's good news for savers who are unlikely to see deposit rates falling.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     25 Feb: Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion
     25 Feb: Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient
     25 Feb: A sharp drop in alcohol production last year - although spirits had a small lift
     25 Feb: Four years of war in Ukraine leaves Russia a 'spent force' with diminished influence, analyst says
     24 Feb: Mercury's achieved a strong return to profit
     24 Feb: Auckland's been crowned the region with the worst savers, according to Westpac data
     24 Feb: Mercury's putting a surge in revenue down to improved hydro-conditions - and lower operating costs
     Top Stories

    RUGBY RUGBY
    Scott Robertson will get an opportunity to coach against the Springboks this year More...

    BUSINESS BUSINESS
    Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion More...


     Today's News

    		 Environment:
    Extreme weather is transforming the world’s rivers. We need new ways to protect them 14:17

     Politics:
    The Government's quietly ditched its quarterly action plans 14:07

     Entertainment:
    Lizzie McGuire and Revenge of the Nerds star Robert Carradine dies at 71 13:57

     Entertainment:
    Hamnet was dec lared Outstanding British Film at the 2026 EE BAFTA Film Awards 13:51

     Law and Order:
    Police say the community is safer without the pathetic gutless coward who murdered a Christchurch mother in front of her children 13:47

     Business:
    Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion 13:27

     Entertainment:
    Robert Aramayo joked he was scared to pick up his EE BAFTA Rising Star Award after he previously dropped a gong 13:21

     National:
    Pauline Hanson’s no ‘good’ Muslims comment shows how normalised Islamophobia has become in Australia 13:07

     Law and Order:
    A 41-year-old Auckland man has received the maximum sentence for possessing child sex material 13:07

     Entertainment:
    Ryan Coogler "didn't expect" Sinners to win Best Original Screenplay at the 2026 EE BAFTA Film Awards 12:51

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