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14 Sep 2025 17:07
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      Home > News > Business

    An economist is predicting there'll be two more cuts to the OCR in the first half of next year

    An economist is predicting there'll be two more cuts to the OCR in the first half of next year


    The Reserve Bank surprised the market by choosing to hold the Official Cash Rate at one percent yesterday.

    ASB chief economist Nick Tuffley says there'll likely be cuts in February and May next year.

    He says it looks like growth won't be as strong as the Reserve Bank expects.

    Tuffley also suspects the central bank will be pushing up banks' capital requirements quite considerably.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

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    All Blacks coach Scott Robertson accepts the worst defeat in the side's history wasn't up to the side's standards More...

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     Today's News

    		 Business:
    Kiwisaver could have some room for improvement with the number of people contributing dropping 16:57

     Rugby:
    All Blacks coach Scott Robertson accepts the worst defeat in the side's history wasn't up to the side's standards 16:47

     International:
    How to give your indoor plants a spring clean 16:47

     Rugby League:
    The Warriors women have ended their NRLW season on a high, with a 44-6 thumping of the Wests Tigers in Sydney 16:17

     International:
    Donald Trump's health chief, RFK Jr, is dividing Republicans on vaccines 16:07

     Politics:
    Around half of Queensland patients are waiting over 30 minutes on stretchers as ramping 'worst on record' 15:47

     Athletics:
    Field athlete Lauren Bruce has failed to advance to the women's hammer throw final at the World Athletics Championships in Tokyo 15:27

     Law and Order:
    Police are pleased a planned gang-related gathering in Tairawhiti happened without any issues this weekend 15:27

     Accident and Emergency:
    A person's died following a single-vehicle crash in Manawatu, west of Palmerston North 14:57

     Rugby League:
    The Warriors may be out of the NRL playoffs, but coach Andrew Webster believes the club has won the battle of the fans 14:37

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